4.4 Assignment: The Aggregate Model and Fiscal/Monetary Policy

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  1. Review the rubric to make sure you understand the criteria for earning your grade.
  2. Read Chapter 14, The Aggregate Model of the Macro Economy, in Economics for Managers.
  3. 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.
  4. Write a five- to six-page paper answering the following regarding fiscal policy changes that have been initiated to address the economic weakness brought on by the Coronavirus pandemic:
    1. Describe policies that could stimulate the economy? Defend your answer with a detailed evaluation that demonstrates clear, insightful critical thinking.
    2. How do these policies relate to the model of aggregate demand and aggregate supply? Provide a detailed evaluation that demonstrates clear, insightful critical thinking.
    3. 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.
  5. You must use a minimum of five sources for your research paper, at least three of which are scholarly.
  6. Use proper spelling, grammar, and APA formatting for your analysis paper.
  7. When you have completed your assignment, save a copy for yourself and submit a copy to your instructor.