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Papers On Fiscal Policy
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Fiscal Policy: Defense Spending
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A 5 page paper. This essay provides data regarding the appropriations made to the military since 1990 and the increases recently approved. The writer then presents an argument in support of increasing the budget for defense spending. Bibliography lists 5 sources.
Filename: PGdefsp.wps

Foreign Exchange Currency Markets
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This 3 page paper discusses foreign exchange currency markets, as well as the gold standard. Bibliography lists 3 sources.
Filename: HVForExc.rtf

GASB Statement No. 35
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24 pages in length. According to the Government Accounting Standards Board, their proposed Statement 35 is a revision to Statement 34. This revision will amend Statement 34 to permit public colleges and universities, in separately issued financial statements, to use the guidance for special-purpose governments engaged only in business-type activities, engaged only in governmental activities, or engaged in both governmental and business-type activities in their separately issued reports. Under this guidance, in its separately issued reports, a public institution is required to include management's discussion and analysis (MD&A); basic financial statements, as appropriate for the category of special-purpose government reporting selected; notes to the financial statements; and required supplementary information other than MD&A. Bibliography lists 17 sources.
Filename: JGAgasbs.wps

Germany's Economic Woes
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A 5 page research paper that examines the current economic problems of Germany, who is entering her second decade of economic stagnation. Bibliography lists 5 sources.
Filename: khgereco.rtf

Globalization of Currency Transaction
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This 6 page report discusses the fact that economic globalization and the rise of information technologies have set in motion an almost total reconfiguring of the organization of the world’s economy. The issue addressed is based on the possibility and likelihood of an increased level of globalization of the world’s currency systems.Bibliography lists 5 sources.
Filename: BWcurglo.rtf

GNP and GDP: An Explanation of Terms
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5 pages. Government spending on goods and services is a significant fraction of the total output of the economy. Total consumer spending, investment, government spending and net foreign spending on final goods and services are the components that make up most of the gross national product. This paper goes into lengthy detail of the difference between the gross national product (GNP) and gross domestic product (GDP). Bibliography lists 4 sources.
Filename: JGAgdgnp.wps

Government and The Economy
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A 4 page research paper that discusses the effect of government policies on the American economy. The writer argues that while many aspects of Keynesian economic theory are still applicable today, examining the effects of the global marketplace shows that this picture is rapidly changing, which means that Keynesian policies and tactics no longer work quite like they used to in past decades, and this limits the effect of government policy on the economy. Bibliography lists 4 sources.
Filename: khgovep.rtf

Government Spending As A Percentage Of GDP
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An 8 page paper discussing the 1998 disappearance of the federal budget deficit and the possibility of linking government spending to growth of GDP. Linking government spending to GDP would result in total chaos within the government and in all of the programs on which it manages to spend so much. While it is true that government spending increases have trailed increases in tax revenues based on constant or lower tax rates, there is never a guarantee those revenue increases will continue. So far, economists have not been able to agree even on the reasons for the long period of economic growth, much less how to ensure its continuation. Bibliography lists 7 sources.
Filename: Govspend.wps

Government Tax Strategies
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This 7 page paper looks at a fictitious scenario concerning tax strategies for an unnamed state. Several options in terms of consumption taxes are explored. Bibliography lists 5 sources.
Filename: govTaxes.wps

Government’s Role in the Economy
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An 8 page paper discussing what government’s role should be in the national economy. The paper concludes that true laissez-faire is not workable, but neither is the heavy-handed regulatory environment in which business is able to operate with only part of its abilities put to use. The federal government walks a fine line between “enough” and “too much” government. It terms of the economy, it needs to err on the side of not doing enough, leaving the market to find its own level. Bibliography lists 4 sources.
Filename: KSeconGovtRole.rtf

Gross Domestic Product and the 2002 Economic Report of the President of the United States
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This 8 page report discusses the macroeconomic realities of the gross domestic product or GDP and the ways in which it serves as an important indicator of the health and well-being of a nation’s economy. Information from the President’s report is tied in with the most basic aspects of how and why the status of the GDP matters in the economy. Bibliography lists 3 sources.
Filename: BWmaceco.rtf

Henry Hazlitt's Arguments
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This 5 page paper discusses three of the concepts Hazlitt puts forth in his classic Economics in One Lesson: the Broken Window fallacy; Blessings of Destruction and Public Works Promotes Taxes. The Blessings of Destruction is an extension of the Broken Windows fallacy. Hazlitt's general theme is that people fail to look beyond the immediate effects of any economic policy. People tend to see only what is clearly visible to their own eyes; they need to extend their thinking. Each of these concepts are explained with examples. Bibliography lists 1 source.
Filename: PGhazlt.rtf


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