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Purpose of Assignment
Students will example the model economists use to analyze the economy's short-run fluctuations--the model of aggregate demand and aggregate supply. Students will learn about some of the sources for shifts in the aggregate-demand curve and the aggregate-supply curve and how these shifts can cause fluctuations in output. Students will be introduced to actions policymakers might undertake to offset such fluctuations. Students will see why there is a temporary trade-off between inflation and unemployment, and why there is no permanent trade-off.
Assignment Steps
Resources: National Bureau of Economic Research
Create a 15- to 20-slide Microsoft® PowerPoint® presentation to present to the organization's Executive Committee.
Include the following items:
Format your presentation so that your "script", or the words you will use in the presentation, are in the "Notes" for each slide, and all appropriate citations appear in those Notes. Include Reference slide(s) in your presentation.
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