Listed below are the topic(s) I would like for each of you to discuss throughout the week. Put your writing into
your own words, do not copy directly from the source.
In Weeks 2-8, you will
be approaching the discussion forums as if you were a
city council member. Your replies to others will be from perspective of a
concerned community member.
This week’s City
Council Scenario: Assume you are the economist for your local government.
Your choices to increase spending in order to solve the declining GDP and
rising unemployment have left you with higher inflation.
Explain what it means to have
higher inflation.
Assess how
inflation affects the people in the community.
Contrast how inflation affects
banks (lenders) versus borrowers in your region. Is there a bright
side to inflation?
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