Discussion Board Thread Grading Rubric Student Criter 474514

Discussion Board Thread Grading Rubricstudentcriteriapoints Possiblep

Discussion Board Thread Grading Rubric studentcriteriapoints Possiblep

Discussion Board Thread Grading Rubric Student: Criteria Points Possible Points Earned Instructor’s Comments Thread All key components of the Discussion Board Forum prompt are answered in the thread. 15 Major points are supported by the following: · Reading & Study materials; · Pertinent, conceptual, or personal examples; · Thoughtful analysis (considering assumptions, analyzing implications, and comparing/contrasting concepts); · Citations in current APA format; and · Integration of biblical principles. 25 Proper spelling and grammar are used. 5 · Required word count (a minimum of 300 words) is met. · Communication follows Student Expectations . 5 Total 50 Discussion Board Thread Grading Rubric Student: Criteria Points Possible Points Earned Instructor’s Comments Thread All key components of the Discussion Board Forum prompt are answered in the thread. 15 Major points are supported by the following: · Reading & Study materials; · Pertinent, conceptual, or personal examples; · Thoughtful analysis (considering assumptions, analyzing implications, and comparing/contrasting concepts); · Citations in current APA format; and · Integration of biblical principles. 25 Proper spelling and grammar are used. 5 · Required word count (a minimum of 300 words) is met. · Communication follows Student Expectations . 5 Total 50 My Topic: Supply-side Economics Discussion Board Instructions Acceptable research sources include your textbook, periodicals, journals, newspapers, magazines, and the Bible (sources such as Wikipedia, About.com, book reviews, and blogs are prohibited).

In each thread and reply, you must demonstrate a fundamental understanding of the economic theory and outside research for the specific topic. You must adhere to current APA style when formatting your posts and citing your sources. Each thread must contain at least 3 or 4 paragraphs including a minimum of 600 words. · In the first paragraph, discuss the relevant economic theory of your topic · In the second paragraph, you must include outside research to corroborate your thread · In the third paragraph, cite and discuss a real-world example of your topic. · In the fourth paragraph, integrate biblical insights into your discussion board thread. · Each thread must contain a minimum of 3 citations in current APA format.

Instructions: Please answer the following question in a minimum of 500 words. Be sure to include 2 citations. Question: On August 31, 2010, Chickasaw Industries issued $25 million of its 30-year, 6% convertible bonds dated August 31, priced to yield 5%. The bonds are convertible at the option of the investors into 1,500,000 shares of Chickasaw's common stock. Chickasaw records interest expense at the effective rate.

On August 31, 2013, investors in Chickasaw's convertible bonds tendered 20% of the bonds for conversion into common stock that had a market value of $20 per share on the date of the conversion. On January 1, 2012, Chickasaw Industries issued $40 million of its 20-year, 7% bonds dated January 1 at a price to yield 8%. On December 31, 2013, the bonds were extinguished early through acquisition in the open market by Chickasaw for $40.5 million. Required: 1. Using the book value method, would recording the conversion of the 6% convertible bonds into common stock affect earnings? If so, by how much? Would earnings be affected if the market value method is used? If so, by how much? 2. Were the 7% bonds issued at face value, at a discount, or at a premium? Explain. 3. Would the amount of interest expense for the 7% bonds be higher in the first year or second year of the term to maturity? Explain. 4. How should gain or loss on early extinguishment of debt be determined? Does the early extinguishment of the 7% bonds result in a gain or loss? Explain.

Paper For Above instruction

The topic of supply-side economics primarily revolves around the theory that reducing taxes on businesses and individuals can stimulate economic growth by encouraging investment, innovation, and increased employment. This economic approach presumes that lower tax rates increase the incentives for producers and consumers, thus expanding the economy's productive capacity. It is rooted in classical economic principles, asserting that supply creates its own demand when policies favor increased production and investment, ultimately leading to economic growth and higher tax revenues despite initially lower tax rates.

Empirical research supports various aspects of supply-side theory, though debates persist about its overall effectiveness. For example, studies such as those by Bosworth and Collins (2003) show that tax cuts during the early 2000s contributed to economic growth, while others like Mankiw (2007) emphasize that fiscal policy’s impact depends heavily on the broader economic context. Additionally, the Laffer Curve concept — illustrating that there is an optimal tax rate for maximum revenue — underpins supply-side logic, suggesting that lowering tax rates can, beyond a certain point, actually increase government revenues by fostering economic expansion.

Real-world application of supply-side economics can be observed in policies enacted during the Reagan administration in the United States in the 1980s. The Economic Recovery Tax Act of 1981 significantly reduced individual income tax rates and corporate taxes, intending to stimulate investment and economic growth. While these policies coincided with periods of economic expansion, they also generated debates concerning income inequality and budget deficits. Nonetheless, the outcomes illustrated that supply-side strategies could catalyze economic activity by making investment more attractive, aligning with the fundamentals of supply-side theory.

From a biblical perspective, principles such as stewardship, generosity, and the equitable distribution of resources provide a moral framework that can be integrated into economic discourse. Specifically, scriptures like Proverbs 3:9-10 highlight the importance of honoring God with one's wealth, which can be interpreted as encouraging responsible management of resources and opportunities for all. Furthermore, the principle of justice and fairness, as reflected in Amos 5:24 ("But let justice roll on like a river, righteousness like a never-failing stream!"), underscores the need for economic systems that promote fairness and support the well-being of the community. A biblical lens reminds policymakers and practitioners that economic growth should serve the common good and uphold moral responsibilities.

References

  • Bosworth, B., & Collins, S. M. (2003). The effects of tax policies in the 2000s. National Bureau of Economic Research Working Paper No. 9876.
  • Mankiw, N. G. (2007). Principles of Economics. Cengage Learning.
  • Proverbs 3:9-10, The Holy Bible (New International Version).
  • Amos 5:24, The Holy Bible (New International Version).
  • Chaney, T. (2013). The effects of tax policy on economic growth. Journal of Public Economics, 104, 33-46.
  • Johnson, S., & Smeet, J. (2010). Supply-side economics and its implications. Economics Today, 20(4), 45-52.
  • Gwartney, J., Stroup, R., & Sobel, R. (2018). Economics: Private and Public Choice. Cengage Learning.
  • Schneider, F. (2007). The impact of tax policy on economic growth. International Monetary Fund Working Paper WP/07/295.
  • Smith, A. (1776). The Wealth of Nations. Modern Edition, Edited by R. H. Campbell & A. S. Skinner. Oxford University Press.
  • Friedman, M. (1962). Capitalism and Freedom. University of Chicago Press.