Assignment:
Imagine that your Learning Team is a group of international reporters. You have been tasked with describing and critiquing the current state of the U.S. economy.
Describe the current state of the following economic factors:
• Unemployment
• Expectations
• Consumer Income
• Interest Rates
Identify the existing effect of the economic factors on aggregate demand and supply
Identify fiscal policies that are currently being recommended by government leadership.
Evaluate the effectiveness of those fiscal policy recommendations from the Keynesian and Classical model perspectives.
Write a 1,050- to 1,400-word newsletter that summarizes the results.
Must include data from the following resources (among others):
• Collins, K. (2008). Exploring business. Pearson/Prentice Hall.
• Dangers Remain. Washington: International Monetary Fund.
• International Monetary Fund Staff. (2012). World Economic Outlook, April 2012: Growth Resuming,
• Meyer, L. H. (1983). The Economic Consequences of Government Deficits. Dordrecht: Springer Netherlands.
• National Research Council (E´.-U.). (2000). Current practices for assessing economic development impacts from transportation investments. Washington, D.C: National Academy Press
• Van, L. W., & Palgrave Connect (Online service). (2014). The social effects of economic thinking