Discussion Post: Principles of Macroeconomics- The Current State of the U.S. Economy
Prior to beginning work on this discussion, read David Malpass's article, Five Big Steps Toward Faster Global Growth. Based on the information presented in Malpass's article, respond to the following components:
a) Would you agree or disagree with David Malpass's suggestions? Why or why not?
b) What challenges will the U.S. economy face given a higher debt limit for future economic growth?
c) Describe what would happen to GDP, the unemployment rate, and the inflation rate if global growth declines.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.