Explain whether each of the following will cause a shift of the AD curve or a movement along it.
Complete at least a 750-word (roughly three full pages) essay for your Reflection paper assignment.
Your Reflection paper should include the following sections:
Section 1. A detailed review of the newspaper article assigned to you
Section 2. A review of the assigned Textbook Chapter (the textbook chapter number can be found next to your assigned article title in the Excel file)
Section 3. A detailed explanation of how the topic of the article is connected to theoretical concepts from your assigned textbook chapter
Section 4. USE GRAPHS to explain the concept/s and illustrate by using graphs how the concept/s can be connected to the topic of the article
Explain whether each of the following will cause a shift of the AD curve or a movement along it.
a. Firms become more optimistic and increase their spending on machinery and equipment.
b. The federal government increases taxes in an attempt to reduce a budget deficit.
the aggregate demand curve.
c. The U.S. economy experiences 4 percent inflation.
Section 5.
Section 6. Research the topic further by finding online at least 2 other news articles (or video clips from the news) that provide more information on the topic or explain the issue further and summarize those articles (look for the most recent articles from the news connected to your topic)
Section 7. Make conclusions about how the issue affects the overall economy based on your readings about the topic
Section 8. List all your references at the end of the paper
