Interesting political times we live in. This chapter presented four different economic perspectives of how the economy works on a Macro level. Please identify two different political parties. (They are more than two, and I realize that). Of the two political parties you have identied, identify one of the Macroeconomic views that is associated with each political party and why it proves that political party correct with its Macroeconomic beliefs). Finally, use any of the four macroeconomic perspectives (can be one of the ones that you already listed), to disprove each political parties economic beliefs. Identify a product for less that $50 in American dollars that you are interested in buying in the next six months. How much does it cost in the United States to purchase. Now nd that exact same product in another country that does not use United States dollars as their common currency. How much does this product cost in that country's currency (not United States dollars)? How much of that country's currency can 1 United States dollar buy\"? Use the exchange rate to determine if your identied product is cheaper here in United States or in the other country. If the reserve requirement is 10% and someone deposits some value from $100 to $100,000 that you determine in the bank that they found in their backyard. Determine how much money could exist if a bank loans out everything possible over several rounds of lending until nothing is left to be loaned out. If the nation is currently in a recession, name one thing the Federal Reserve can do to affect the nation's money supply to try to get us out of a recession. Why does the suggestion you come up with help to get us out of a recession