Question
he President has heard about the Doughnut model but does not know enough to enact a policy. In this section, you need to explain what
he President has heard about the Doughnut model but does not know enough to enact a policy. In this section, you need to explain what the Doughnut model is (i.e., you will need to research this, going beyond what has been explained in the podcast). Do not simply draw or insert a graph of the Doughnut model and/or summarize the podcast.You need to explain the Doughnut Model using the graphs/models covered in class.In other words,you need to apply the supply/demand, AS/AD, Phillips Curve, and/or any other macro related concepts covered throughout the course. For example, if the Doughnut model specifies a specific policy, you need to demonstrate that policy. Assume the president has taken this course and only understands macroeconomic theories in the context of the theories covered in class.
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