Indigo Polachek

[Indigo Polachek @polachek_indigo]

@cbeier2 Shut up

[Indigo Polachek @polachek_indigo]

Birds aren’t real

[Luiggi Donayre @LuiggiDonayre]

Day 2.. it's still good. Still more grading to be done, grades to submit, presentation to work on, conference submission to complete... gonna need 80 degree weather to melt all of this mess! Find waldo?

[DuluthPublicSchools @Duluth_Schools]

🚨 SNOW DAY ALERT #3 🚨

[Indigo Polachek @polachek_indigo]

An illustration of supply and demand would be how, in 2020, as the COVID-19 epidemic broke out, gasoline usage plummeted. As a result, prices rose swiftly as the industry ran out of storage capacity. @LuiggiDonayre @econ_ta #ECONumd

[Indigo Polachek @polachek_indigo]

Beginning in 2008, numerous nations throughout the world initiated fiscal stimulus programs in response to the Great Recession. These nations' sluggish economies were boosted by diverse combinations of tax cuts and government spending. @LuiggiDonayre @econ_ta #ECONumd

[Indigo Polachek @polachek_indigo]

#econumd

[Indigo Polachek @polachek_indigo]

Governments use fiscal policy tools to influence the economy. These primarily consist of changes to tax and spending rates. To promote growth, taxes are reduced while spending is increased. This frequently entails borrowing via public debt issuance. @LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

The impact of these fluctuations is limited to a single industry or market. A flood, for example, may have an impact on distribution capacity within a specific region. @LuiggiDonayre @econ_ta #econumd

[Indigo Polachek @polachek_indigo]

#econUMD A budget deficit is illustrated by a tax policy that undertaxes high-income earners while overtaxing low-income earners.@econ_ta @LuiggiDonayre

[Indigo Polachek @polachek_indigo]

#EconUMD When an international transaction account has a negative net amount or negative balance, a trade deficit exists. Since 1975, the United States has had the greatest trade imbalance in the world. The United States imported and consumed a lot.@LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

After defeat in WWI Germany had to pay reparations as punishment; the govt printed money to try and pay for them. This resulted in hyperinflation. #econumd @LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

#EconUMD Covid had a significant impact on the labor force in the United States. My favorite coffee shop's hours have been severely impacted by a labor shortage. Instead of staying open until 8, they now close at 6. @LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

#EconUMD Consumers are becoming less willing to spend as inflation and interest rates continue to rise. Should families start saving money and be concerned about an impending recession? @LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

@LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

#EconUMD Tax revenue less government spending equals public savings. Public saving is linked to both a budget surplus and a budget deficit. The difference between tax revenue and government spending is referred to as the budget surplus, whereas the budget deficit is the inverse.

[Indigo Polachek @polachek_indigo]

#ECONumd An increase in productivity among employees in a nation will result in an increase in the GDP and incomes of that nation. @LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

My cousin is currently part of the frictional unemployed since she is looking for a job that suits her degree she just earned the best. #ECONumd @LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

When I had to quit working at home last year to go to school, I was between jobs but also actively looking for one, thus this would be classed as frictional unemployment. #econumd @LuiggiDonayre @econ_ta

[Indigo Polachek @polachek_indigo]

The Fed's rate hikes are almost certain to be significantly higher in the near future. Loans will have less purchasing power as long as inflation remains high. The increase will be harmful to small businesses that rely on loans for funding. #econumd @LuiggiDonayre @econ_ta