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Question 1: Chapter 25(section 25-2)in your textbook discusses productivity and the challenges faced by governments as they seek to raise living standards.Obviously, there are areas

Question 1: Chapter 25(section 25-2)in your textbook discusses productivity and the challenges faced by governments as they seek to raise living standards.Obviously, there are areas of disagreement and areas of potential improvement.If you were polled,what policy would you suggest to improve U.S.living standards?

In your post, make sure to consider opportunity cost and any potential unintended consequences.You may also want to analyze the effect on future growth as you post and reply.

Question 2: Chapter 27 introduces the financial system and the importance of assessing time and risk in making financial decisions.In this Discussion Board, summarize your own financial plan balancing present and future needs, especially future retirement needs.

In your post, you may want to apply:the Rule of 70, present value, insurance, diversification, and risk.How will you stay motivated to meet future goals (home ownership, business start-ups, family goals, and/or retirement with the human tendency to prefer "now" over "later?"

Question 3: Chapter 33 (section 33-5a) discusses the Great Recession of 2008-2009. Respond toONEof the following:

  • What lingering effects from the Great Recession do you find in either news stories or in your own community?
  • As hindsight is 20/20, what active stabilization policies (if any) should have been enacted to respond to the financial crisis?
  • What should be changed to prevent future financial crises?

Note:To earn full credit for this graded discussion, post at least two times. First, post your own thoughts. This post should be substantial (containing at least two hundred words). All posts need to be in your own words. Any use of outside resources requires that you cite and reference your sources in APAformat.

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