Expert answer:What do you think are the causes of the current st
Answer & Explanation:4 discussion.docx
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4 discussion
1).In your responses to the module 3 discussion questions you researched different measures of
current economic performance . Apply this to the information you have read about business cycles
and discuss what state of the business cycle our economy is currently in. Support your opinion with
the data you have gathered.
2). What do you think are the causes of the current state of the economy?
3). What role do financial markets and institutions play in U.S economic growth?
Please watch the video Oscar winning documentary “Inside Job” directed by Charles
Ferguson to view it for free, you will need to go to https://vimeo.com/ sign up for the free
video service. There are a couple of links there, one with Greek subscripts, it is
https://vimeo.com/39617101 The dialogue is in English. You can also search for “Inside
Job” in the Vimeo search bar.
Should there be regulation in the financial markets? Should commercial banks be
separated from investment banks? Do you think the problems identified in the financial
markets have been corrected? Do you think there could be another financial breakdown?
4). Watch this interview with the economist Robert Reich on Democracy Now,
http://www.democracynow.org/2013/9/13/inequality_for_all_robert_reich_warns
If you have access to it, you might want to watch Robert Reich’s documentary “Inequality
for All”. You could probably get this from your local library. Here is a link to his website
for the film http://inequalityforall.com/
Here are two short youtube videos by Robert Reich:
“Inequality is real, it’s personal, its expensive and it was created” (2:28 minutes)
“The Truth About the Economy” (2:37 minutes)
Respond to this question:
What role does income distribution play in U.S. economic growth? What should be done to
make income distribution more equal? Should there be a living wage? Do you agree or
disagree with Professor Reich’s view on income inequality? Why?
…
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