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US Economy Essays

The Implications of Tax Cuts on the US Economy

A tax cut denotes a decrease in the amount of money from taxpayers to revenue. Tax cuts increase the disposable income of the taxpayers but decrease government revenue. Tax cuts represent reductions in the amount of tax paid for services, goods, and income. Tax cuts leave taxpayers with more usable money and thus are examples ... Read More
Pages: 6       Words: 1531

The Economies of the USA and China

Every country has a constitutional, statutory body responsible for managing its money supply and economy. The Federal Reserve Bank of the United States of America has the mandate of managing the money supply in the nation and curbing economic injuries that may be inflicted on the citizens of the US. The Federal Reserve Bank uses ... Read More
Pages: 6       Words: 1557
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Nature of High Inflation Rate

The current debate over inflation and the economic consequences of contractionary monetary policies has been ongoing—the U.S. The Federal Reserve, as well as other major central banks, have implemented procedures to counter the high inflation rate to either achieve a hard landing (recession) or a soft landing (growth slowdown without a recession). The proponents of ... Read More
Pages: 7       Words: 1689
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