How would the GDP of the American economy be affected?

In this assignment, you will perform an in-depth analysis of a 10-year period in U.S. economic history between 1950 and today. In your analysis, you will examine macroeconomic data, basic macroeconomic principles, government actions, and historical/current events to give a clear and comprehensive picture of your chosen time period and detail how they are related to one another.PromptFor this assignment, you will first need to choose a 10-year period in U.S. economic history between 1950 and today. You will then present the data collected from government sources related to a variety of macroeconomic phenomena and analyze them in conjunction with the models and core principles to explain the economy-wide changes during your chosen time period. You will also examine the events of the time in their relation to the macroeconomic issues as well as the corresponding government actions taken (fiscal and monetary policies) to address the issues. The final presentation should be 1520 slides using PowerPoint, Prezi, Keynote, or PreZentit, including title and reference slides. Be sure to include speaker notes to accompany the data and graphs, information, and explanations presented on the slide.Specifically, the following critical elementsmust be addressed:I. Examinationof Macroeconomic Data (Be sure to include speaker notes to accompany all of your responses.) a) Gross Domestic Product (GDP)and Growthi. Analyze the annual GDP during the time frame to calculate specific growth rates and trendsin the U.S. economy.ii. Choose two or three of the most relevant historical and/or current events during this time period that impacted the U.S. economy. Apply specific models developed throughout the course to demonstrate how these events influenced national outputduring this time. b) Unemploymentand Inflationi. Analyze unemployment and inflation data during the time frame in their relation to output and growth, using macroeconomic principles and models to explain their effect.ii. Apply specific models developed throughout the course to demonstrate how the previously selected historical and/or current events influenced both unemployment and inflation during this time.c) Analyze interest rate fluctuationsthroughout this time period and their effects on other aspects of the economy. How would these fluctuations affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected? d)Foreign Tradei. Analyze data representing levels of U.S. imports and exportsduring this time. How do they relate to other economic outcomes such as the GDP, foreign exchange rates, and so on?ii. Apply specific modelsdeveloped throughout the course to demonstrate how domestic and foreign events (e.g., wars, changes in trade barriers, development abroad) have impacted the level of and changes in imports and exports in the United States.II. Government Policies(Be sure to include speaker notes to accompany all of your responses.) a) FiscalPolicyi. Examine the fiscal policiesin place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance, consider level of government spending, taxation, subsidies, unemployment benefits, and so on.ii. Analyze new fiscal policy actionsundertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to explain the actions. iii. Explain the impactof the new fiscal policy actions on individuals and businesses within the economy by integrating the macroeconomic data and principles.b) MonetaryPolicyi. Examine the monetary policiesin place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance, consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.ii. Analyze new monetary policy actionsundertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to explain the actions. iii. Explain the impactof the new monetary policy actions on individuals and businesses within the economy by integrating the macroeconomic data and principles.III. Conclusion(Be sure to include speaker notes to accompany all of your responses.)a) Summarize the overall trends and outcomesof this 10-year period by integrating the data, economic models, and historical analysis.b) Defend your agreement or disagreementwith the actions taken by the U.S. government during this time based upon your analysis and application of the macroeconomic theories.MilestonesMilestone One: Macroeconomic Data ReportIn Module Two, you will submit the first three sections of your final project as outlined in Section I, parts a), b), and c).1) Choose a 10-year period in the history of the U.S. between 1950 and today. All responses will be related to that timeframe. a) Gross Domestic Product (GDP) and Growthi. Analyze the annual GDP to calculate specific growth rates and trends in the U.S. economy.ii. Choose two or three of the most relevant events from this time period that impacted the U.S. economy. Apply specific models developed throughout the course to demonstrate how these events influenced national output during this time period. b) Unemployment and Inflationi. Analyze unemployment and inflation data as to their relation to output and growth, using macroeconomic principles and models to explain their effect.ii. Apply specific models developed throughout the course to demonstrate how the previously selected events influenced both unemployment and inflation during this time period.c) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuations affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?2) Present your research with 46 slides in PowerPoint, Prezi, Keynotes, or PreZentit, not including title page and references.Be sure to include speaker notes to accompany all of your responses.3) Apply APA formatting to citations and references.This milestone will be graded with the Milestone One Rubric.In this assignment, you will perform an in-depth analysis of a 10-year period in U.S. economic history between 1950 and today. In your analysis, you will examine macroeconomic data, basic macroeconomic principles, government actions, and historical/current events to give a clear and comprehensive picture of your chosen time period and detail how they are related to one another.PromptFor this assignment, you will first need to choose a 10-year period in U.S. economic history between 1950 and today. You will then present the data collected from government sources related to a variety of macroeconomic phenomena and analyze them in conjunction with the models and core principles to explain the economy-wide changes during your chosen time period. You will also examine the events of the time in their relation to the macroeconomic issues as well as the corresponding government actions taken (fiscal and monetary policies) to address the issues. The final presentation should be 1520 slides using PowerPoint, Prezi, Keynote, or PreZentit, including title and reference slides. Be sure to include speaker notes to accompany the data and graphs, information, and explanations presented on the slide.Specifically, the following critical elementsmust be addressed:I. Examinationof Macroeconomic Data (Be sure to include speaker notes to accompany all of your responses.) a) Gross Domestic Product (GDP)and Growthi. Analyze the annual GDP during the time frame to calculate specific growth rates and trendsin the U.S. economy.ii. Choose two or three of the most relevant historical and/or current events during this time period that impacted the U.S. economy. Apply specific models developed throughout the course to demonstrate how these events influenced national outputduring this time. b) Unemploymentand Inflationi. Analyze unemployment and inflation data during the time frame in their relation to output and growth, using macroeconomic principles and models to explain their effect.ii. Apply specific models developed throughout the course to demonstrate how the previously selected historical and/or current events influenced both unemployment and inflation during this time.c) Analyze interest rate fluctuationsthroughout this time period and their effects on other aspects of the economy. How would these fluctuations affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected? d)Foreign Tradei. Analyze data representing levels of U.S. imports and exportsduring this time. How do they relate to other economic outcomes such as the GDP, foreign exchange rates, and so on?ii. Apply specific modelsdeveloped throughout the course to demonstrate how domestic and foreign events (e.g., wars, changes in trade barriers, development abroad) have impacted the level of and changes in imports and exports in the United States.II. Government Policies(Be sure to include speaker notes to accompany all of your responses.) a) FiscalPolicyi. Examine the fiscal policiesin place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance, consider level of government spending, taxation, subsidies, unemployment benefits, and so on.ii. Analyze new fiscal policy actionsundertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to explain the actions. iii. Explain the impactof the new fiscal policy actions on individuals and businesses within the economy by integrating the macroeconomic data and principles.b) MonetaryPolicyi. Examine the monetary policiesin place at the start of your specific time period in relation to their effects on macroeconomic issues. For instance, consider the discount rate set by the Fed, the rates on reserves, open market operations, and so on.ii. Analyze new monetary policy actionsundertaken by the U.S. government throughout the time period by describing their intended effects, using macroeconomic principles to explain the actions. iii. Explain the impactof the new monetary policy actions on individuals and businesses within the economy by integrating the macroeconomic data and principles.III. Conclusion(Be sure to include speaker notes to accompany all of your responses.)a) Summarize the overall trends and outcomesof this 10-year period by integrating the data, economic models, and historical analysis.b) Defend your agreement or disagreementwith the actions taken by the U.S. government during this time based upon your analysis and application of the macroeconomic theories.MilestonesMilestone One: Macroeconomic Data ReportIn Module Two, you will submit the first three sections of your final project as outlined in Section I, parts a), b), and c).1) Choose a 10-year period in the history of the U.S. between 1950 and today. All responses will be related to that timeframe. a) Gross Domestic Product (GDP) and Growthi. Analyze the annual GDP to calculate specific growth rates and trends in the U.S. economy.ii. Choose two or three of the most relevant events from this time period that impacted the U.S. economy. Apply specific models developed throughout the course to demonstrate how these events influenced national output during this time period. b) Unemployment and Inflationi. Analyze unemployment and inflation data as to their relation to output and growth, using macroeconomic principles and models to explain their effect.ii. Apply specific models developed throughout the course to demonstrate how the previously selected events influenced both unemployment and inflation during this time period.c) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuations affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?2) Present your research with 46 slides in PowerPoint, Prezi, Keynotes, or PreZentit, not including title page and references.Be sure to include speaker notes to accompany all of your responses.3) Apply APA formatting to citations and references.This milestone will be graded with the Milestone One Rubric.