ECO 203 Week 5 Discussion 1

ECO 203 Week 5 Discussion 1 | Assignment Help | Ashford University 

Week 5 - Discussion 1

Aggregate Supply and Economic Growth

Economic growth may be attained when either aggregate demand or aggregate supply shifts to the right. Prior to beginning work on this discussion, read Chapter 15 from the course text, especially examining Section 15.2, and respond to the following components:

·         What are the different effects between aggregate demand-based growth and aggregate supply-based growth?

·         What may shift aggregate supply to the right? Thoroughly explain its process.

·         As a policy maker, would you prefer the strategies of aggregate supply-based economic growth or aggregate demand-based growth? Why or why not?

·         As a proponent of either aggregate supply-based growth strategies or aggregate demand-based growth strategies, what would you recommend for the current U.S. economy to achieve stable economic growth?

Your initial post should be a minimum of 300 words.

Guided Response: Respond substantively (a minimum of 100 words) to at least two of your classmates’ posts. What is different or similar between your post and your classmates’ posts? What advice could you offer your classmates? Substantive responses use theory, research, and experience or examples to support ideas and advance the class knowledge on the discussion topic.