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Q.1) (Macro
News Story Discussion or Course-related Topic of Your Choice)
Q.2)
Based on Willingham’s discussion on negotiation, read the below
articles and address some points that will add value to your ability to
negotiate effectively. A minimum one paragraph response is required.
https://www.entrepreneur.com/article/203168
https://www.gsb.stanford.edu/insights/negotiation-strategy-seven-common-pitfalls-avoid
Q.3)
In terms of AS/AD analysis we can think of the U.S. economy in
recent years operating on an almost flat portion of the AS (Aggregate Supply)
curve (what the book terms the “Keynesian region” of AS). When Aggregate Demand
increases, then, the real GDP and employment level increase, but the price
level only increases a little. Annual inflation rates have been
running about 1.5%, which is even below the desired level of 2%. At the moment
increasing inflation rates don’t appear to be a problem.
In these conditions and with unemployment rates still up above
5% it would be nice to have some strong Aggregate Demand, (C + I + G + [X-M]),
growth. With unemployment rates falling (so labor is becoming scarce relative
to a few years ago, at least), perhaps if the economy continues to expand real
wages will start to grow.
How is Aggregate Demand doing? (As we know, Consumer Spending
(“C”) is 70% of all spending on new output in the U.S. Is C increasing rapidly
enough to get the growth of real GDP up to 3% or higher? What's with U.S
households and their spending versus saving decisions? What about other
forms of spending?). Any information about what’s going on with demand, wages,
or fiscal policy would be good to post about for this week’s question topic.
Q.4)
COMPLETE EXERCISE #3. IMAGE1
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