Monetary policy

Monetary policy

The post has three asighnments

1:Monetary policy

Order Description

Visit the Board of Governors of the Federal Reserve website and read the latest Federal Open Market Committee (FOMC) statement which discusses the current type of monetary policy which the Federal Reserve is implementing:

https://www.federalreserve.gov/monetarypolicy/default.htm

Is the Federal Reserve implementing expansionary or contractionary monetary policy? Why?

How do you think that the Federal Reserve’s changes to monetary policy will impact the condition of the U.S. economy? Why?

2: Plain View, Open Fields, Abandonment, and Border Searches as They Relate to Search and Seizures

Order Description

Officer Jones asked the neighborhood’s regular trash collector to put the content of the defendant’s garbage that was left on the curb in plastic bags and to turn over the bags to him at the end of the day. The trash collector did as the officer asked in order to not mix the garbage once he collected the defendant’s garbage. The officer searched through the garbage and found items indicative of narcotics use. The officer then recited the information that was obtained from the trash in an affidavit in support of a warrant to search the defendant’s home. The officer encountered the defendant at the house later that day upon execution of the warrant. The officer found quantities of cocaine and marijuana during the search and arrested the defendant on felony narcotics charges.

1) Identify the constitutional amendment that would govern Officer Jones’ actions.
2) Analyze the validity and constitutionality of officer’s Jones’ actions.
3) Discuss if Officer Jones’ actions were justified under the doctrines of plain view, abandonment, open fields, or border searches.

3: fiscal policy

Order Description

Congress did not substantially change Federal income tax rates between 1993 and 2000. Visit the Bureau of Economic Analysis Web site, www.bea.gov (Links to an external site.)Links to an external site.. You can find Table 3.2 on the Federal government’s current receipts and expenditures at:

https://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1 (Links to an external site.)Links to an external site.

By selecting the “Modify” icon, you can select the time period of 1993-2000.

Find annual revenues from the Federal personal income tax from 1993 to 2000. What happened to those revenues over those years? Given constant tax rates, what do the changes in tax revenues suggest about changes in the shape of the Laffer Curve? If lower (or higher) tax rates do not explain the changes in tax revenues, what do you think does?

fiscal policy