Homework: Aggregate Model & Fiscal/Monetary Policy
• Read Chapter 14, "The Aggregate Model of the Macro Economy," in Economics for Managers.
• Find two or more recent articles (post April 2020) in the Wall Street Journal or other business publications that describe changes in fiscal policy during the global pandemic.
• Write a 5 to 6 pages paper answering the following regarding fiscal policy changes that have been initiated to address the economic weakness brought on by the Coronavirus pandemic:
o Describe policies that could stimulate the economy? Defend your answer with a detailed evaluation that demonstrates clear, insightful critical thinking.
o How do these policies relate to the model of aggregate demand and aggregate supply? Provide a detailed evaluation that demonstrates clear, insightful critical thinking.
o How likely are these policies to be effective in stimulating the economy, given the pervasive weakness brought on by the global pandemic? Provide a detailed evaluation that demonstrates clear, insightful critical thinking.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.