The paper "Macroeconomics News Analysis" is a wonderful example of a report on macro and microeconomics. Macroeconomics category of economics which deals with the total or rather the whole part of the economy. The economy can be measured in terms of capital, labor, and the interactions. So macroeconomics deals with these issues. Macroeconomics can also be seen in terms of inflation, unemployment, and exchange rates. For example in the articles the writer talks of unemployment and recession in the US. When the writer talks of “ in the US, GDP is falling, jobs have decline… .unemployment rate is rising… ” this statement alone tells you that the writer is actually talking about macroeconomics. Terms and concepts Stimulus in economics refers to a situation in which the government changes the policies of spending and taxation for them to recover the downturn of the economy.
In this case, the government tries to increase wages as well as provide jobs for the citizen and jumpstart the already failed economy. The economy is the system whereby the country tries to create wealth either by creating employment, increasing revenues as well as increasing business sales.
This can be done by changing the policies in which the money is being spent and also the taxation modes. By doing so there is hope that the economy will be revived in the Recession state. GDP stands for Gross Domestic Product, it refers to the total market value of all goods and services which are produced in a country in a given year, and this also equals all government spending, investments, and at times includes exports as well as subtracting the imports. Recession is where there is a downfall in the economy due to large spending that is a lot of expenditures and little revenues.
Recession can also be brought by unemployment and little wages. Tax is the money that is charged by the government or rather the state on goods, services, property, or investments. It may also be deducted whenever there is a transaction or on the income of the individuals Demand is where there is a desire for certain for good or the services. It can also be the claim that may be needed within a specified period usually a very short time. Investment is the purchase of items; it can either be physical goods with the expectation of getting profit.
So we can say that investment involves the use of money with the expectation of getting more money or can also in terms of improving the business.
ReferencesBeechey, V. &Perkins, T. US Economy, Minneapolis: University of Minnesota Press (2007).