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- Using the information in the pictures below, Answer the following questions. The macroeconomic forecasts carried out by different entities are of upmost importance for the whole society and, of course, for the companies that operate in that economy. select two updated macroeconomic charts of some of the entities that monitor the economy and make forecasts. The objective is to compare different future forecasts of the entities to have a critical and well-formed view of the macroeconomic future in the USA. Based on the charts consulted, comment what is expected from the American economy in the next years in general terms. Are there differences in the forecasts? How do you think the state will act in the future based on the chart variables that inform us about its behavior? What will the behavior of families and companies be like?Supply-Side Policies: Supply-side policies involve measures to increase the production and and development. Supply-side policies can help to increase the potential output of the economy, efficiency of goods and services in the economy. This can include investments in education and training to improve the skills of workers, as well as incentives for businesses to invest in research which can help to mitigate the negative effects of a negative supply shock. However, these policies may take time to have an effect and may not be sufficient in the short term to address the immediate impacts of a negative supply shock. Explain this graphically please.ASAP Regardless of many assumptions, an equilibrium business-cycle model can go a long way in matching actual economic fluctuations for many macroeconomic variables. Please write down examples and explain its possible reasonings?
- Intermediate macroeconomics: Using examples and clearly labeled graphs where applicable answer the following questions clearly and detailed. What argument, based on macroeconomic theory, might a government use to justify shutting down a newspaper critical of its policies? If you were asked to provide a counterargument, what would it be? Explain.How does AD/AS Model Incorporates Economic Growth, unemployment, and inflation. Identify periods of economic growth and recession using the AD/AS models. Explain how unemployment and inflation impact the AD/AS model. Evaluate the importance of AD/AS models from a macroeconomic standpoint and analysis.What are some examples of macroeconomics queation?
- What are supply shocks? Why are policy choices hard when there are negative supply shocks? Would you model the pandemic of 2020 as a supply shock or a demand shock? Why?The consequences of climate change on the economy is a popular topic in the media. Suppose that a series of wildfires destroys crops in the western states at the same time a hurricane destroys refineries on the Gulf Coast. a) Using aggregate demand and supply analysis, explain how output and the inflation rate would be affected in the short and long runs. b) Show your answer graphically.The consequences of climate change on the economy is a popular topic in the media. Suppose that a series of wildfires destroys crops in the western states at the same time a hurricane destroys refineries on the Gulf Coast. a) Using aggregate demand and supply analysis, explain how output and the inflation rate would be affected in the short and long runs. b) Show your answer graphically. Note: don't use chat gpt
- State algebraically and explain each of the components of the 3-equation model for macroeconomic policy.Question 1: Evaluate the importance of AD/AS models from a macroeconomic standpoint and analysis. Questions 2: identifying periods of economic growth and recession using the AD/AS models.Use the conversation part to answer (B) part. ALEX: Hi, Becky. I’m intrigued to see how macroeconomics allows us to explain recent economic events such as the Great Recession that affected so many people. But there’s one thing I don’t understand. Was the collapse of the housing bubble the only cause of the recession, or were there other factors as well? BECKY: Hi, Alex. I agree that macroeconomic theory offers an entirely new perspective on how the economy works. To answer your question, the crash of the housing market was a major factor but not the only cause of the Great Recession. The professor mentioned that the __________ (options: financial, fiscal, government) system deteriorated as well, an event that deepened the economic downturn even further. ALEX: I see. So the bursting of the housing bubble caused the initial decline in aggregate demand. Then the financial crisis caused aggregate demand to decline even more. Could you also help me understand how to use the aggregate demand…