Post at least three responses to the following topics. There are 3 topics posted for this week. Two of your responses must relate to two topics. The third response can be a contribution to one of your class mate's post or a response to the third topic. You may comment on more than one of your class mate's responses. Your discussion of each topic must be at least 7 sentences long. Bonus points will be awarded for backing up your discussions with references. Note: The textbook is not considered as a reference book. All of your responses should be made on different days. Do not wait until the end of the week to make your responses. Make all your posts by the end of Saturday. 1. The concept of GDP is used by policy makers for many purposes that include keeping track of the growth of our economy and forecasting a recession; but it is also abused by some. Discuss some of the applications of GDP which may be considered improper use or abuse of the concept. 2. "Even though the Great Recession officially ended, the unemployment rate is still considered high." Discuss. 3. Discuss how the distribution of income among various groups of income earners have changed in this country during the past 50 years. In your opinion, do we need to initiate any policy to address the distribution of income? Make sure you provide references to any conclusions you arrive at