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Y O U  D E C I D EScenario, Your Role, Key Playersright000Click Here to View the You Decide ScenarioClick on the link to review the scenario, your role and the key players involved in this scenario. When you have finished reviewing the You Decide scenario, please return here to finish the activity below.Note: These activities will open in a new pop-up window, so you may need to disable any pop-up blockers.Click Here to View the Transcript.Y O U  D E C I D EActivityYour task is to take this advice and produce your own recommendation to the President. Do not simply choose one person's advice; pick and choose from each recommendation that you receive. Be sure to list what you believe and why you believe it is sound advice from each of your colleagues along with what you disagree with and why you disagree with your colleagues. Then, produce a consolidated recommendation of your own. Your submission should be approximately one page (250 words) in length, double-spaced.See "Due Dates for Assignments & Exams" in the Syllabus for due date information.Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these Step-by-Step Instructions or watch this   HYPERLINK "http://devryu.net/ec/Courses/13775/CRS-DVUO-2148869/SSO/hub2/sso.html?node=232" \t "_blank" Dropbox Tutorial. Scenario The U.S. economy has fallen into a recession. It is a severe and deep recession, and one that some economic analysts say may persist for at least another year. The unemployment rate has risen to levels not seen in over 20 years. The current unemployment rate is at 8% and is expected to rise further. The inflation rate is -2.4 percent, meaning that overall, prices are falling.Your RoleYou are the new senior economic advisor to the President of the United States, and he has asked for your recommendation on how to proceed. Since you are an experienced Washington consultant, you know that you should first consult several other experts and get their advice. The following colleagues have expressed their insights and recommendations.Key PlayersRaymond Burke –Economic ConsultantRecommends the President lowers interest rates further to help businesses and consumers get back on their feet. Kathy Lee – Former Economic Advisor to the PresidentRecommends the President should raise taxes and reduce government spendingPatricia Lopez – Consultant to the Federal ReserveRecommends the Fed leave interest rates alone , but strongly sell bonds, and raise the bank reserve requirement.Allison Tanney - Economic ConsultantRecommends the President work with Congress to increase government spending and lower taxes. As far as monetary policy is concerned, the Federal Reserve Board needs to increase the money supply by buying bonds, raising interest rates, and if necessary, raising the reserve requirement.AssignmentGiven the scenario, your role and the information provided by the key players involved, it is time for you to make a decision.If you are finished reviewing this scenario, close this window and return to this Week's You Decide tab, in eCollege, to complete the activity for this scenario.You can return and review this scenario again at any time.

Please help answering the scenerio

Question # 00002192 Posted By: vbroughton73 Updated on: 10/10/2013 04:43 PM Due on: 10/12/2013
Subject Economics Topic General Economics Tutorials:
Question
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Given the scenario, your role and the information provided by the key players involved, it is time for you to make a decision.

 

Your submission should be approximately one page (250 words) in length, double-spaced.

 

**Must be at least a page, cited, original answer, and able to pass "turnitin"

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Tutorials for this Question
  1. Tutorial # 00002033 Posted By: neil2103 Posted on: 10/11/2013 04:22 PM
    Puchased By: 3
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    The solution of Senior Economic Advisor...
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