Analysis and recommendations

Assignment Help Microeconomics
Reference no: EM13801832

Imaginethat your Learning Team is a group of economic advisors working for the U.S. president. You have been tasked with evaluating the current state of the U.S. economy and making recommendations on how to improve it.

Part 1 Analysis and Recommendations

Describe the current state of the following economic factors and analyze how each affects aggregate supply and demand:

  • Unemployment

Develop a set of recommendations for the president regarding government spending and taxes based on the economic factors' current state.

Part 2 Evaluation of Recommendations:

Before you submit your recommendations to the president, decide as a team to evaluate the recommendations from different perspectives. Assign half of your team to evaluate the recommendations from a Keynesian perspective and the other half from the Classical perspective. Based on these evaluations, what adjustments will you make to your recommendations, if any?

Write a 500   to 700  words report that summarize the recommandations

Reference no: EM13801832

Questions Cloud

Loss of social capital : Virtual communities have been linked to the loss of social capital. What are your thoughts on this? Do online communities empower physical communities or will they lead to their reduction and extinction in the future?
Life expectancy and a growing older adult population : Describe some of the myths that deal with both physical and psychological aging. Explain some of the realities that dispel these myths and identify how older adults are engaged in their lives both in leisure and in work activities.
What is school responsibility regarding assistive technology : What are the school's responsibilities regarding assistive technology? What can you do to help you students fully succeed in their use of assistive technology to access the general curriculum?
Philosophy of confucius permeates asian culture : The philosophy of Confucius permeates Asian culture and literature. In this paper you identify major themes from Confucian thinking found in Asian American literature.
Analysis and recommendations : Imaginethat your Learning Team is a group of economic advisors working for the U.S. president. You have been tasked with evaluating the current state of the U.S. economy and making recommendations on how to improve it.
Mission statement of the corporation : Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns. Assess how the vision statement and mission statement of the corporation influence its overall success.
What is applied behavioral science : What is Applied Behavioral Science
A proposal in the government budget set : A proposal in the government budget set forth in 2013 placed a limit on the total amount of savings that can be accumulated in tax-preferred retirement accounts to about $ 3 million (U.S. News and World Report, April 10, 2013). The White House has ar..
What additional awareness does a promotion budget of : In a seller's market even pathetic products are snapped up by desperate buyers because... a. first shift capacity is just sufficient to meet demand b. first shift capacity plus second shift capacity are greater than demand c. first shift capacity plu..

Reviews

Write a Review

Microeconomics Questions & Answers

  Discuss the effects on a countrys current-account balance

Discuss the effects on a country's current-account balance from the following changes in tax rates. a. A permanent increase in the tax rate on labor income and b. A temporary increase in the tax rate on asset income

  You think demand is elastic but colleague thinks it is

suppose you attend a meeting at work to discuss whether to change the price of your product. you think demand is

  Recognize and explain three of the five ways we measure the

identify and discuss three of the five ways we measure our economic performance. research and analyze each and answer

  The selected domestic issue to the economy

Analyze the impact of the selected domestic issue to the economy and suggest how the negative impact of the issue can be minimized. Provide support for your rationale.

  The effect of a drought on the demand curve for umbrellas

How are the following demand curves likely to shift in response to the indicated changes?

  What was the rationale for that decision

Do corporations have responsibility in the financial meltdown and its aftermath of recession – the most serious since the Great Depression of 1930s? Free-market capitalism dictates that markets create efficient solutions and businesses that fail shou..

  Text offers two reasons why private investment

The text offers two reasons why private investment might be better for poor countries than assistance tendered by foreign governments or international agencies. One is that technical assistance often comes along with private investment as part of the..

  The initial endowments

The initial endowments

  Rivalry is special destructive to probability

Rivalry is special destructive to probability if:

  What is the profit maximization output for this monopolist

What is the profit maximization output for this monopolist? How much total revenue does it earn at this profit maximization level of the output? Suppose that the marginal cost increases to $20. How does total revenue change?

  How would enter a specific global market

Identify a non-global company and select a market entry strategy.

  What is the mrp of the ccs

Smokey's Garage, Inc., provides routine auto diagnostics for customers in the Atlanta metropolitan area. Tests are supervised by skilled mechanics using equipment produced by two leading competitors in the auto test equipment industry. Records f..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd