Homework: The Aggregate Model & Fiscal/Monetary Policy
A. Review the rubric to make sure you understand the criteria for earning your grade.
B. Read Chapter 14, "The Aggregate Model of the Macro Economy," in Economics for Managers.
C. 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.
D. 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:
a. Describe policies that could stimulate the economy? Defend your answer with a detailed evaluation that demonstrates clear, insightful critical thinking.
b. How do these policies relate to the model of aggregate demand and aggregate supply? Provide a detailed evaluation that demonstrates clear, insightful critical thinking.
c. 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 give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.