Purchase Solution

President's effect on the Economy

Not what you're looking for?

Ask Custom Question

In my Economics class a student said that they thought that Presidents weren't really leaders, because they did not actually affect the economic conditions of the country. A heated debate in the class has arisen and the professor wants this to continue next class. Would you agree or disagree with the statement and why?

Purchase this Solution
Solution Summary

This solution discusses the President's effect on the economy in America.

Solution Preview

I completely disagree with this statement that President weren't really leaders. The reason for this disagreement is based on the fact that Presidents are the one who lead the country and its people towards achieving the goals and vision as well as shows direction to all the tasks and policies.

A ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
Recent Feedback
  • "Thank you. "
  • "Thank you"
  • "Thank you. I got 20/20 last week for my discussion you help me out with."
  • "Thank you. Great Job. "
  • "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

View More Free Quizzes
Related BrainMass Solutions

  • Job order cost system, finished goods inventory, applied overhead

    The solution has answered and explained MCQ on Job order cost system, fininished goods inventory, over/under applied overhead.

  • Healthcare costs

    69716 What effect will rising health care costs and the baby boomers have on the economy? The President's 2007 budget proposal calls for the federal deficit to be cut in half by 2009 and eliminated by 2012.

  • Fiscal and monetary policy

    On the other hand Freidman gave more importance to the use of monetary policy for stimulating the economy.

  • U.S.'s comparative advantage

    The market for chicken sandwich, considered a normal good, is in equilibrium. Examine the effect of the following events on the equilibrium price and quantity of chicken sandwich.

  • budget plan

    Critics observed that the Cabinet officials are sluggish on the financial planning, wherein the federal budget has come to a virtual standstill.

  • Hypothesis testing political polls

    Based on the sample referenced above, find a 95% confidence interval estimate for the proportion of the entire voter population who "approve" or "strongly approve" of the President's handling of the crisis in the financial markets.

  • Organized Crime and Drug Trafficking

    180988 Organized Crime What effect does organized crime have on drug trafficking? What effect does drug trafficking have on organized crime?

  • Segment analysis; full costing

    There will be no effect on profits of dropping the Furniture line. 2) Beach Rentals has estimated that fixed costs per month are $79,200 and variable cost per dollar of sales is $0.52. (a) What is the break-even point per month in sales?

  • Federal Appropriations

    Otherwise, Congress must address the President's concerns.

View More Related Solutions