assign5SUPP - Intro Macro Assignment 5 Supplement 1 WHATS...

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Intro Macro Assignment 5 Supplement 1. WHAT’S DOING IN THE NEWS (and what does it mean?) – MY COMMENTS IN CAPITALS Globe and Mail Cup Winner Confirms a Challenger New York Times - Feb 15, 2010 The America's Cup is expected to return to its normal system of several challengers competing for the right to face the defender. Italian club is challenger of record for America's Cup | Sailing Seattle Times BMW Oracle puts America's Cup back in US hands USA Today U.S. Wins Back Cup Wall Street Journal BACK TO THE U.S. – FIRST TIME FOR MULTI-HULLS. WHO WAS BEHIND THE US PUSH? Factories Gear Up to Hire American manufacturers are seeing more signs that the nation's economic recovery is on a solid footing, and their growing confidence is opening the way for new hiring, as well as callbacks of factory workers laid off during the recession. Fed Minutes Show More Confidence Capital: A Stimulus '09 Success Story HINTS OF RECOVERY/EXPANSION – FIRST HOURS WORKED INCREASE, THEN ADDITIONAL HIRING U.S. Housing Starts Rose in January
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U.S. residential construction rose in January, fueled by new apartment buildings. But a more muted rise in single-family housing starts underscored the sector's fragility. EconTracker: How will data fare next month? Developments: Home Builders Are Back, Kinda HOW DOES THIS FIT INTO AGGREGATE DEMAND/GDP? – RESIDENTIAL INVESTMENT, PART OF AGG D LITTLE OF THE STIMULUS PACKAGE ACTUAL SPENT/CUT (TAXES) – AMAZING. POSSIBILITY OF PRO-CYCLICAL STIMULUS – BY THE TIME IT IS SPENT, ECONOMY MAY NOT NEED/WANT STIMULUS.
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Biden touts success of stimulus bill. But on job creation, no one believes it. Christian Science Monitor - Jimmy Orr - 17 hours ago But on the job - creation front, the majority of Americans don't see it. Vice President Biden extolled the virtues of the stimulus bill, though many Americans ... Video: No US Depression Thanks To Recovery Act The UpTake Video: No US Depression Thanks To Recovery Act The UpTake The Stimulus and Job Creation AOL News White House touts job creation on stimulus anniversary MarketWatch FOXNews - PROFESSIONAL CONSENSUS SEEMS TO BE THAT IT HAS HAD A SIGNIFICANT IMPACT 1.5-2 MILLION JOBS SAVED/CREATED BUT HARD TO CONVINCE PUBLIC Why the economic stimulus is failing The Riverdale Press - 18 hours ago As I have made reference to on these pages in the past, the problem is the multiplier . The multiplier effect is the core of Keynsian economics, ... MULTIPLIER REFERS TO THE CHANGE IN Y RESULTING FROM A CHANGE IN G (OR TAX CUTS). KEYNESIANS ARGUE THAT IT IS 1-2, SOME OTHERS THAT IT IS 0 MEANING NO IMPACT, AS APPARENTLY DOES THE ABOVE AUTHOR. Murtaza H. Baxamusa Voice of San Diego - 7 hours ago We estimate that the direct and indirect multiplier effect of a billion dollars invested in the region's economy in construction would create about 19500 ... EXAMPLE OF MULTIPLIER (ON A REGIONAL OR LOCAL LEVEL) GOV’T SPENDS, CREATES JOBS DIRECTLY AND INDIRECTLY AND TOTAL EFFECT A MULTIPLE OF THE INITIAL SPENDING. Reuters
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This note was uploaded on 09/30/2011 for the course ECONOMICS 103 taught by Professor Sheflin during the Spring '08 term at Rutgers.

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assign5SUPP - Intro Macro Assignment 5 Supplement 1 WHATS...

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