THE GREAT INFLATION

9:18 4 Safari Done Committee Report (1 of 6) Southern New Hampshire University Committee Report 1. Event Identify a current event or trend that could have a long- and short-term macroeconomic impact. . To determine which events might have a macroeconomic impact, consider how they might affect various models used in macroeconomics (AD-AS, comparative advantage, etc.). Remember that the event does not need to impact Quantigration directly. . The event could take place in the United States or in another country. Include a link or citation to an article about this event: Publication: Link: or Author: Date: Title of article: Note: There are a number of recommended news sources in the Supporting Materials section, or you may select your own. If you choose your own news source, the article must be freely accessible to your reviewer (i. e., it must be not require an account or be behind a paywall). 2. Impact Assess the impact of a current event on an economy using macroeconomics models/terminology. Specifically, address the short- and long-term effects on the following (250-500 words): Explain how this event might impact macroeconomic equilibrium: Describe or draw a graph approximationg the change in aggregate supply and/or aggregate demand (starting from equilibrium): Note: To show the movements in the AD-AS model graphically, you may use the drawing tools in Microsoft Word or the graphing tool in the Deliverables section of this project. Alternatively, you may describe the shifts that will occur. 3. Exchange Rates Determine the impact of an event on the exchange rates in a country. Specifically, address the following (250-500 words): How might this event impact aggregate demand? How might a change in aggregate demand impact the exchange rate? E