The rate of growth in the US economy is currently 0.5% annually. Your mission is to increase our growth rate to at least 4% annually, without setting off unacceptable levels of inflation. You have the tools of fiscal and monetary policy available. a. Present your solution to the problem - write it down. 1. First choose to focus on increasing the quantity of human capital or the quality of human capital to significantly increasing the GDP growth rate. 2. This will lead you to a general solution to the problem. 3. Write it down! The explanation of the solution should take at least 3 good paragraphs! This should be the opening part of your answer. 4. Determine what will be required to make the solution happen, typically it is money. 5. Think of ways to use your fiscal and monetary policy tools to get the needed money. To attack the problem you must select at least one Monetary Policy tool and one Fiscal Policy tool. b. Write down the name(s) of the one fiscal policy tool and the one monetary policy tool that you picked. c. Explain why you picked the tools that you picked, and why you did not

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