ECO372 Week 3 Team Assignment (part 1 and 2)

Part 1 Analysis and Recommendations:

Describe the current state of the following economic factors and analyze how each affects aggregate supply and demand:

Develop a set of recommendations for the president regarding government spending and taxes based on the economic factors' current state.

Unemployment

Expectations

Consumer income

Interest Rates

Part 2 Evaluation of Recommendations:

Keynesian perspective

Consumer Income

Interest Rates

Classical perspective

Unemployment

Expectations

Conclusion

References