Economics 102 Summer 2024 Assignment 2 - Writing Assignment Background: After Covid-19, many countries experienced unexpected and high inflation in 2022. As a policy response, many central banks had a policy of increasing interest rates to address this high inflation ("disinflation"). In this essay the goal is to read and compare three articles discussing how the (mainly US) economy will develop in the Fall of 2023. Though we have not discussed the particulars of economic policy yet, it is a useful exercise to read these debates and frame them in the context of the business cycle. Moreover, we have the benefit of hindsight, whereas when these articles where written, the writers were trying to forecast what the economy would look like. "An 'immaculate disinflation' in the US is not guaranteed", Financial Times "What Happens After the U.S. Economy's Soft Landing", Harvard Business Review "The world economy is still in danger" The Economist Please write a short essay and address the following questions: 1. What is meant by a "soft landing" and why is it rare after disinflation? 2. At what stage of the business cycle do the different articles think the economy is at the time of