Hi I need an essay answers the two questions below. Each question is basically its own 3 page essay, just type the question number on the top left in bold and then begin the essay. This professors values critical thinking, he does not care about what challenges you select or what argument you decide to take but you have to support your response with statistics (which are super important for this paper) and details along with information from your sources. DO NOT USE CHATGPT, I can do that myself I am not paying for you to do that and i will put the paper in multiple AI detectors. If I realize that you used CHATGPT I will terminate the contract. Also, do not use fake statistics and cite a super long source. I have had people do that on this service and I will terminate the contract if this is done. The statistics used must be recent from what is CURRENTLY going on in the economy you can use stats from the past, but you must mainly be using current statistics from the last year to support your answers. Also, the professor will be using turnitin so do not plagiarize and turnitin can now detect chatgpt so again please do not use it. I will include my previous essay from this class which received an A for reference.
For question 1 please select high inflation as one of the challenges and discuss the CPI numbers, PCE deflator which is one of the tools the fed uses to track inflation, how the stimulus checks worsened inflation, and anything else. Also, please discuss supply chain issues as the second challenges and go into how China’s COVID policies worsened this, how the russia ukraine war affected it, how COVID created supply chain issues, how different products were affected like cars and tech having issues getting the chips and food with supply chain issues and the baby formula along with any other products, and discuss anything else with supply chain issues what might have worsened it or how it affected something. For the third challenge do the increasing national debt and discuss anything with it just make sure to talk about the US hitting the debt ceiling recently. For all of these challenges make sure to back your argument with statistics as mentioned earlier especially recent numbers. Also, make sure to discuss ways that you would address these problems effectively and realistically.
For question 2 discuss anything you want I don’t really care just answer the question effectively and make sure to support your answer with good sources and statistics that are recent.
Question 1: A majority of Americans are not pleased with the direction our economy and society has been taking
for at least the last five to ten years. We have been through a great deal since the pandemic began – job losses,
racial division, high inflation, supply chain issues, further divide between the social classes and different political
parties, increased power of large corporations, increasing national debt, the Russia-Ukraine crisis, and many other
challenging economic and social developments. There has certainly also been a large number of positive
developments for the United States, but many would argue that our country is very divided and has become more
tribal. Identify three items that you could address (as companies, government, and/or individuals) that could
improve our society and/or economy. Your answer can include a combination of economic, political, social, or
international challenges for the United States. We are asking you to identify three challenges and then discuss
ways that you would address these problems effectively and realistically. Support your answer with strong
economic reasoning that comes from the class discussions and zoom videos, articles from Moody’s Analytics,
and/or your own personal ideas and economic reasoning. (3-page maximum)
Question 2: A significant portion of this class (looking at the perspectives of Rand, Friedman, Keynes, and Marx)
has focused on the role of government (spending, taxes, regulations, etc.). Look at our proposed federal
government spending and discretionary spending for 2021 in the links below. Regarding federal government
spending, what would you change (e.g., areas to spend more or areas to spend less, changes in tax burden for
individuals, corporations, etc.)? Identify at least three areas that you would change and discuss why. You can use
any source for this question but be sure to cite any source that you use. (3-page maximum)
https://www.cbo.gov/system/files/2022-09/58268-Budget.pdfhttps://www.cbo.gov/system/files/2022-09/58268-Budget.pdf
https://www.cbo.gov/system/files/2022-09/58269-Discretionary.pdfhttps://www.cbo.gov/system/files/2022-09/58269-Discretionary.pdf