How does the government influence the US economy Type y0ur name here(Porter Smith) Pick a National Issue below and highlight it Regulation v Deregulation National Debt Federal Income Tax Brackets Trade Sanctions with China Embargo on North Korea Inflation Something else Ask (Type it Here) Complete research on your chosen topic below Long term goal Achieve and maintain price stability in the US economy 6 Secondary goals Protect the value of the US dollar to ensure purchasing power Promote healthy economic growth without excessive price increases What key vocabulary might you need to define to an uneducated audience specifically related to your goal (ex deforestation) Give THREE vocabulary words and definitions Inflation A sustained increase in the general price level of goods and services in an economy over time This means a dollar today buys less than a dollar tomorrow Price Stability The condition where the general price level of goods and services remains relatively constant over time Central Bank The government agency responsible for monetary policy, including setting interest rates and managing the money supply In the US, this is the Federal Reserve What events occurred nationwide between 1990 and today that are related to this problem Early 1990s Relatively low inflation rates around 3 Dot com Bubble (late 1990s) Temporary surge in inflation due to asset price inflation (e g , stocks) Great Recession (2008) Deflationary pressures (opposite of inflation) due to the financial crisis COVID 19 Pandemic (2020 Present) Supply chain disruptions and increased demand for goods contributed to rising inflation What actions will need to be taken in order to achieve your goal (Choose AT LEAST five these should be linked to your goals) Federal Reserve Use monetary policy tools like interest rates to control inflation Raising rates discourages borrowing and spending, slowing inflation Fiscal Policy The government can adjust spending and taxes to influence aggregate demand and inflation Supply Chain Improvements Investing in infrastructure and reducing bottlenecks can help stabilize prices of goods Consumer Awareness Educating consumers about inflation and responsible spending habits can help manage expectations International Cooperation Addressing global factors impacting inflation, like energy prices, requires international coordination What organizations will be needed in order to achieve this goal How will their help be needed (Choose AT LEAST two, may need to research using Federal Reserve Sets monetary policy and influences short term interest rates Congressional Budget Office (CBO) Provides independent analysis of the economic and budgetary effects of federal legislation Who What is primarily affected by your goal (People (specific gender, race, socioeconomic status), animals, vegetation, etc ) How Low income households Inflation disproportionately impacts those with limited budgets as essential goods become more expensive Savers Inflation erodes the purchasing power of savings over time Businesses Uncertainty due to inflation can make it difficult for businesses to plan and invest What is the timeline for finishing your goal What smaller goals may you need set along the way in order to ensure that your goal is achieved Short term (1 2 years) Focus on immediate actions like raising interest rates and addressing supply chain issues Aim to bring inflation closer to the Federal Reserve's target rate Medium term (3 5 years) Continue monitoring inflation and adjust policies as needed Promote long term economic growth with stable prices Long term (10 years) Develop and implement strategies to ensure price stability remains a priority for future economic policies USE THIS TO WR1TE ABOUT THIS PROMT BELOW Research Essay Come up with a solution or two for your national issue Wr1te an argumentative research essay where you argue why your solution(s) will help alleviate or even solve your national issue Include at least 4 sources Category Points received 25 Points 15 Points 5 Points Thesis The student clearly gives their opinion This takes the form of a thesis statement The thesis is somehow flawed but still makes sense It may be an incomplete sentence or reference I The claim is simply one word or is out of context Evidence Evidence listed is related to the thesis The evidence is somehow flawed It may not perfectly relate to the thesis There is little evidence and it may or may not be related to the thesis Explanation The author adequately explains how the evidence proves their thesis statement An explanation is present but it does not adequately connect the evidence to the thesis The explanation does not make sense or does not connect the evidence to the thesis Convinced The argumentative essay is highly convincing All three components are present and support one another The argumentative essay is convincing One or more of the components are flawed which take away from the overall essay The argumentative essay is not convincing and is seriously flawed Total Category Points received 25 Points 15 Points 5 Points Thesis The student clearly gives their opinion This takes the form of a thesis statement The thesis is somehow flawed but still makes sense It may be an incomplete sentence or reference I The claim is simply one word or is out of context Evidence Evidence listed is related to the thesis The evidence is somehow flawed It may not perfectly relate to the thesis There is little evidence and it may or may not be related to the thesis Explanation The author adequately explains how the evidence proves their thesis statement An explanation is present but it does not adequately connect the evidence to the thesis The explanation does not make sense or does not connect the evidence to the thesis Convinced The argumentative essay is highly convincing All three components are present and support one another The argumentative essay is convincing One or more of the components are flawed which take away from the overall essay The argumentative essay is not convincing and is seriously flawed Total

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How does the government influence the US economy? Type y0ur name here(Porter Smith). Pick a National Issue below and highlight it. Regulation v. Deregulation National

How does the government influence the US economy?

Type y0ur name here(Porter Smith).
Pick aNational Issuebelow and highlight it.

Regulation v. Deregulation	National Debt	Federal Income Tax Brackets
Trade Sanctions with China	Embargo on North Korea	Inflation
		Something else? Ask! (Type it Here)

Completeresearch on your chosen topic below.

Long term goal: Achieve and maintain price stability in the US economy.]6

Secondary goals:

Protect the value of the US dollar to ensure purchasing power.

Promote healthy economic growth without excessive price increases.

What key vocabulary might you need to define to an uneducated audience specifically related to your goal (ex: deforestation)? Give THREE vocabulary words and definitions.

Inflation: A sustained increase in the general price level of goods and services in an economy over time. This means a dollar today buys less than a dollar tomorrow.
Price Stability: The condition where the general price level of goods and services remains relatively constant over time.
Central Bank: The government agency responsible for monetary policy, including setting interest rates and managing the money supply. In the US, this is the Federal Reserve.

What events occurred nationwide between 1990 and today that are related to this problem?

Early 1990s: Relatively low inflation rates around 3%.
Dot-com Bubble (late 1990s): Temporary surge in inflation due to asset price inflation (e.g., stocks).
Great Recession (2008): Deflationary pressures (opposite of inflation) due to the financial crisis.
COVID-19 Pandemic (2020-Present): Supply chain disruptions and increased demand for goods contributed to rising inflation.

What actions will need to be taken in order to achieve your goal?

(Choose AT LEAST five these should be linked to your goals)

Federal Reserve: Use monetary policy tools like interest rates to control inflation. Raising rates discourages borrowing and spending, slowing inflation.
Fiscal Policy: The government can adjust spending and taxes to influence aggregate demand and inflation.
Supply Chain Improvements: Investing in infrastructure and reducing bottlenecks can help stabilize prices of goods.
Consumer Awareness: Educating consumers about inflation and responsible spending habits can help manage expectations.
International Cooperation: Addressing global factors impacting inflation, like energy prices, requires international coordination.

What organizations will be needed in order to achieve this goal? How will their help be needed? (Choose AT LEAST two, may need to research using

Federal Reserve: Sets monetary policy and influences short-term interest rates.
Congressional Budget Office (CBO): Provides independent analysis of the economic and budgetary effects of federal legislation.

Who/What is primarily affected by your goal (People (specific gender, race, socioeconomic status), animals, vegetation, etc.)? How?

Low-income households: Inflation disproportionately impacts those with limited budgets as essential goods become more expensive.
Savers: Inflation erodes the purchasing power of savings over time.
Businesses: Uncertainty due to inflation can make it difficult for businesses to plan and invest.

What is the timeline for finishing your goal? What smaller goals may you need set along the way in order to ensure that your goal is achieved?

Short-term (1-2 years): Focus on immediate actions like raising interest rates and addressing supply chain issues. Aim to bring inflation closer to the Federal Reserve's target rate.
Medium-term (3-5 years): Continue monitoring inflation and adjust policies as needed. Promote long-term economic growth with stable prices.
Long-term (10+ years): Develop and implement strategies to ensure price stability remains a priority for future economic policies.

USE THIS TO WR1TE ABOUT THIS PROMT BELOW

Research Essay: Come up with a solution or two for your national issue. Wr1te an argumentative research essay where you argue why your solution(s) will help alleviate or even solve your national issue. Include at least 4 sources.

Category	Points received	25 Points	15 Points	5 Points
Thesis		The student clearly gives their opinion. This takes the form of a thesis statement.	The thesis is somehow flawed but still makes sense. It may be an incomplete sentence or reference "I"	The claim is simply one word or is out of context.
Evidence		Evidence listed is related to the thesis.	The evidence is somehow flawed. It may not perfectly relate to the thesis.	There is little evidence and it may or may not be related to the thesis.
Explanation		The author adequately explains how the evidence proves their thesis statement.	An explanation is present but it does not adequately connect the evidence to the thesis.	The explanation does not make sense or does not connect the evidence to the thesis.
Convinced?		The argumentative essay is highly convincing. All three components are present and support one another.	The argumentative essay is convincing. One or more of the components are flawed which take away from the overall essay.	The argumentative essay is not convincing and is seriously flawed.
Total

Category	Points received	25 Points	15 Points	5 Points
Thesis		The student clearly gives their opinion. This takes the form of a thesis statement.	The thesis is somehow flawed but still makes sense. It may be an incomplete sentence or reference "I"	The claim is simply one word or is out of context.
Evidence		Evidence listed is related to the thesis.	The evidence is somehow flawed. It may not perfectly relate to the thesis.	There is little evidence and it may or may not be related to the thesis.
Explanation		The author adequately explains how the evidence proves their thesis statement.	An explanation is present but it does not adequately connect the evidence to the thesis.	The explanation does not make sense or does not connect the evidence to the thesis.
Convinced?		The argumentative essay is highly convincing. All three components are present and support one another.	The argumentative essay is convincing. One or more of the components are flawed which take away from the overall essay.	The argumentative essay is not convincing and is seriously flawed.
Total