Please answer all 3

Module 6 - Discussion 2 Please refer to chapter 9 and chapter 11 to assist you in answering these discussion questions. Please post your answers in the Discussion. Please feel free to add your thoughts or (constrictive) comments on your fellow classmate's posts. Please note that you can not see other students reply until you post your own. Thank you. 1. In recent years, the federal and state governments have reduced the percentage of higher education costs that they will pay, thus increasing the percentage of costs borne by students and their families. What is the likely effect on the future rate of growth in the United States? 2. Why can growth only occur if current consumption is sacrificed? (think about this in terms of what college students give up to obtain in the future) 3. Suppose that the value of the dollar gets weaker. i.e., depreciates. Explain the effect on the Short Run Aggregate Supply Curve and Aggregate Demand curves. What will happen to the price level and to real GDP? (think about the effects on imports / exports) Please answer these by June 21st (Extended from Outline!). Please answer in complete sentences. Thank you. Search entries of author Unread Reply