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answer the following 3 questions discussion1: Research the current debates from the past 5 years about Social Security and Medicare. Identify one issue in the Social Security or Medicare debate and discuss two changes that would help address the issue you have identified. discussion2: GDP in the US has been rising steadily since the Great Recession of 2008. To help the economy recover from that recession, the FED (Federal Reserve Bank) had lowered their interest rate to Zero percent to encourage consumption and investment spending. Now that the economy is robust and the unemployment rate is at a record low of 3.9 %, (below what is considered the natural rate), what policy measure would you recommend to the FED under these economic conditions – an expansionary policy, a contractionary policy, or a neutral policy? How will your policy recommendation impact interest rates, the unemployment rate, and the inflation rate? Don’t forget to Play the FED Game. If you win, its worth 5 bonus points, but you must post a screen shot on this board that shows you’ve been reappointed for another as the Chairperson of the FED. Expect to play about 5 times before you win. Good Luck! https://sffed-education.org/chairthefed/default.html discussion3: In the interview you watched in Week 1 with Bill Gates, he argues that economics is an agent of change that will impact every career. Based on your study of economics, do you agree that knowing more about economics will help in your career? https://www.slideshare.net/LinkedInPulse/bill-gates-career-advice-technology-business-microsoft-engineering

 

 

 

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