Interest Rates & Classical perspective
Other
I NEED THIS DONE BY 7:00PM ARIZONA TIME. WHICH IS IN 23 HRS FROM NOW (IT IS 8:00pm HERE NOW)
Imagine that 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.
Describe the current state of the following economic factors and analyze how each affects aggregate supply and demand:
· Unemployment
· Expectations
· Consumer income
· Interest rates (This is my topic) I have to do at least 250 words and 2 references, also I need about 100 to 150 words on Classical perspective covering the instructions below and 1 reference.
Develop a set of recommendations for the president regarding government spending and taxes based on the economic factors’ current state
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?
