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NVCC The Impacts of Time Lags Concerning Fiscal Policy Essay

NVCC The Impacts of Time Lags Concerning Fiscal Policy Essay

Question Description

INSTRUCTIONS: Write an essay that is no longer than two pages (I will not read past the second page), and follow the following formatting:

  1. written in either Arial, Calibri, or Times New Roman font
  2. font size must be between 10 – 12
  3. line spacing must be between 1.5 – 2
  4. leave a one-inch margin on all sides, top, bottom, right, and left
  5. leave one-line spacing between paragraphs
  6. you must select an original title for your essay and the title must appear in the first line, centered, and in bold letters

Because you will submit your essay electronically in Canvas, you do not need to write your name on the page. Your essay must address fluidly all areas asked in the question; it is an expository essay where you will present a balanced analysis of the topic. Your essay must not be a list of independent answers put together in a paragraph format. Plagiarism will not be tolerated on this assignment. A student who engages in this practice will receive a zero. Plagiarism is the act of taking someone’s words or ideas as if they were your own. Study the essay rubric for more details about my expectations on this assignment. Save your file in either .doc, .docx, .rtf, or .pdf before submitting.

QUESTION: Discuss the effects of time lags concerning fiscal policy and the role they play in evaluating the Keynesian and Neoclassical perspective. You must compare and contrast each school of thought in the context of short-term and long-term perspectives.

Rubric

Time Lags Essay

Time Lags Essay

Criteria Ratings Pts

This criterion is linked to a Learning OutcomeThe student follows the formatting instructions.

5.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

3.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

1.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

5.0 pts

This criterion is linked to a Learning OutcomeThe title is original and pertinent.

5.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

3.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

1.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

5.0 pts

This criterion is linked to a Learning OutcomeThe essay discusses what are time lags concerning fiscal policy

15.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

12.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

9.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

15.0 pts

This criterion is linked to a Learning OutcomeThe essay discusses the importance of time lags in implementing fiscal policy from the perspective of each school of thought.

15.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

12.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

9.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

15.0 pts

This criterion is linked to a Learning OutcomeThe essay discusses the general view of the Keynesian perspective in both, the short and long-run.

15.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

12.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

9.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

15.0 pts

This criterion is linked to a Learning OutcomeThe essay discusses the general view of the Neoclassical perspective in both, the short and long-run.

15.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

12.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

9.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

15.0 pts

This criterion is linked to a Learning OutcomeThe essay effectively discusses the pros and cons of each school of thought with particular attention to the effects of time lags concerning fiscal policy.

15.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

12.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

9.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

15.0 pts

This criterion is linked to a Learning OutcomeThe essay shows lucid, orderly, and fluid thinking with substantial depth and complexity of thought.

15.0 pts

Exemplary

Consistently meets the requirements of each dimension and demonstrate mastery of the material.

12.0 pts

Competent

Fails in one or more of the requirements of each dimension, but still shows knowledgeability.

9.0 pts

Beginning

Fails in most of the requirements of each dimension and lacks a general understanding of the concepts.

0.0 pts

X

no basis for scoring, work is missing.

15.0 pts

Total Points: 100.0

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