Explain how monetary and fiscal policy are used to achieve these macroeconomic goals. You answer must include an AD-AS diagram and an explanation.
How is the U.S. doing right now in achieving these macroeconomic goals? (I want specific data)
Explain what is the major macroeconomic problem for the U.S. right now? This is your opinion but must be backed with economic rationale and data.
If you were a policy maker, explain what you would be doing to achieve the three macroeconomic goals.
It covers all aspects of the course and will require you to draw an AD-AS diagram. You may draw this diagram by hand and take a photo to insert in your assignment or submit as a separate file. If you want, you can use the drawing tools in word or excel. The assignment requires you to provide economic data but also to provide your opinion on appropriate economic policy. There is debate in this country about the appropriate monetary and fiscal policy given state of the economy. Not everyone agrees and I do not expect all answers to be the same, but they must be backed by appropriate economic data and rationale.
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