A recent report by the Commerce Department shows that the U.S. economy might grow slightly faster than the projected estimates. However, many economists predict that the growth will slow sharply in the coming years due to the trade war and fierce competition between the U.S. and China.

a. Argue for or against why the trade war and the fierce competition between the two countries will benefit the United States more. Identify and discuss the signs within the macroeconomic environment that would show if the U.S. economy is healthy or slowing down?

b. What fiscal and financial policies should the government implement to stimulate the economy and boost the GDP? Use appropriate sources to support your position.