You may use quotes from the texts, but should include context in your own words. You should also use examples to help make your point. Please only work on this for four hours (more or less); take more time if you need accommodations. You can consider the prompts and work off-line, posting your text into this assignment when you are done.

2. What is macroeconomics? Consider this in one (and only one) of the following ways:
   • What are the goals of Macroeconomics? Discuss both the traditional (3: Employment, Growth, Price Stability) goals and the expanded ones, in the textbook.Explain in detail, exploring the different indications of economic well-being.
   • How does this recession compare to the Great Depression?What are similarities and differences? Discuss.
   • Where did Macroeconomics come from? How does it help us understand the world?
5. Why is inequality (such as in the Great Depression, or today) a problem for the health and stability of the economy? What has happened to inequality in the U.S, looking at wealth and/or income? How do you think about economic inequity?