There are 4 different parts of this discussion board assignment. You should have four different parts to your answer.

1. Critical Thinking: According to the discussion on shifts in the natural rate of unemployment on page 336, how might the rapid aging of the US population over the next 20 years or so affect the natural rate of unemployment?

2. Who was the prominent monetarist mentioned in the video? (Watch it again if you don't remember; link directly below). Have you seen him before? Do you agree or disagree with the monetarists' point of view? Why?

Watch Video (Links to an external site.)https://youtu.be/tZvjh1dxz08

Economic Schools of Thought: Crash Course Economics #14

3. Watch the following video and using the information in it and your text, answer the questions that follow:

Zimbabwe and Hyperinflation: Who Wants to Be a Trillionaire?

Duration:4:20

Zimbabwe and Hyperinflation: Who Wants to Be a Trillionaire? (Links to an external site.)https://youtu.be/78-BlZXm7wA

According to the video, what must happen to have inflation? Could hyperinflation like that of Zimbabwe explained in the video happen in the U.S.? Why or why not?

4. Finally, address ONE of the following:

4a. What are the advantages and disadvantages of a balanced federal budget? Should we pass a constitutional amendment to do so? Why or why not?

4b. For federal taxes, we have a marginally based income tax. There are other options. What are some of them and which would be best? Why do you think so?

4c. A number of states, California and Illinois for example, have recently experienced fiscal problems because tax revenue has not kept up with expenses. States and cities have defaulted on debt in the past. Give an argument for and against the idea of the federal government bailing out the cities and states.