Question Details

ECO 561 WEEK 2 Team Assignment 
Aggregate Demand and Supply Model Paper

Economic Advisement Paper
 
Imagine that your Learning Team is a group of economic advisors working for the U.S. president. You have been tasked with evaluating the current state of the U.S. economy and making recommendations on how to improve it.
 
Analysis and Recommendations:
 
Describe the current state of the following economic factors and analyze how each affects aggregate supply and demand (AD/AS Model): 
•	The Interest rate effect
•	Distribution of Income
•	Production Costs
If each of these factors increased which curve would be affected, would there be movement along the curve or a shift of the curve?
Include a AD/AS Model showing the movement of each of the factors above.
 
Write a 800- to 1,200-word report that summarizes the recommendations. Remember to title and reference your graphs.
 
Cite a minimum of three peer reviewed sources not including the text.
Format the assignment consistent with APA guidelines.
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