Serena asked if I would write a news article about the
library. She sent over some ideas of what was wanted and asked if I could do it
in 100sh words. That's not a lot of
words. I could easily do more than
1000. I did over 400 and just barely
scratched the service. I have not heard
back from her.
I
enjoyed the first economy class that I took several times more than the current
class I'm taking. To give my readers an
idea of how foreign this subject is to me, let me share with you the discussion
and assignment topics: Explain why you think the Federal Reserve Bank tracks M1
and M2. OR List and explain each of the three
traditional tools the central bank has for controlling the money supply. Which
is the most popular? Why?; Now with these things in mind, Please choose ONE of the following. Your response should be 600 words
long:
1) Explain what will happen to
the Money Multiplier process if there is an increase in the Reserve
Requirement.
2) Why does expansionary monetary
policy cause interest rates to drop?
3) There is a well-known economic
model called the Phillips Curve. Using a discussion on expansion and
contradiction policy, explain why one of these variables usually falls when the
other rises.
600
words? They might as well ask me to
write it in klingon. What the heck? So not only do I have to come up with 600
words (when I'm not even able to come up with 6) but I have to do some research
to explore what the heck any of this even means.
I chose Phillip's curve. I thought there would be more information
about it. None of my references are 600
words long. There have been one or two
paragraphs before details of two other scientists whose theories go into more
detail. Okay, okay. Let's look up Phillips -find out who he is,
explain some of his background. Still
less than 300 words. Now what? Also this is supposed to be my opinion and
yet I am supposed to write my opinion in third person? Why not just tell me to type it all out
without using my fingers?
One of my references was
actually written in first person. It
made it personal. The reference was made
in 2008 before the economy started referring to our slump as a recession. The Great Recession as a matter of fact. Great?
What was so great about it? So
half my assignment is on defining Phillips and the other half is about the
recession.
Conclusion: Though it is said
that the unemployment rate has had no bearing on the inflation as an economy,
those who are unemployed or who are employed but struggling, deal with personal
inflation on a daily basis. My
assignment will not be graded until Sunday.
Thus far I'm receiving a good
grade in the class. I am so grateful I
have only the one class right now as it seems to be eating up a lot of my time
and I have allowed myself to become somewhat hostile about my current
situation. Jenna returns to school on
Tuesday. I would rather spend my time
with her than digging thorough a subject that isn't near and dear to my heart
and feeling helpless about the unemployment status and the economy.
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