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I will need my initial discussion post and then 2 reply’s to classmates.

Between 2007 and 2009, the United States experienced a severe financial crisis and economic downturn commonly known as the Great Recession. Starting in 2006, housing values fell 30%, causing losses in mortgage-backed securities for families and financial institutions. The recession was marked by a drop in aggregate demand that caused a decline in GDP and an increase in unemployment.

In your initial post, draw or find an example of an aggregate demand and aggregate supply (AD/AS) model that illustrates the general trends of the U.S. economy during the Great Recession. (The example may be from your own research or from the textbook.) In addition to your image, provide a response to the following:

How did the AD/AS equilibrium change over time? Support your claims by referring to your AD/AS model.

Select an economic factor (GDP, unemployment, price level) and explain what impact any shifts in AD or AS (or both) had on your chosen factor.

Note: Use the Insert Image button in the discussion menu to attach your image. Review the following resources for help taking a screenshot:

How to Use Snipping Tool (for PC)

How to Use Snipping Tool (for Mac)

In your response posts, comment on at least two posts from peers who chose different factors than you did. Explain how the economic factors are related. Share a news article that presents a different perspective on the economic outcomes of the Great Recession from your peers’ perspectives.

To complete this assignment, review the

Module Five Discussion Guidelines and Rubric

.

Module Five Discussion Guidelines and Rubric

Overview

Your active participation in the discussions is essential to your overall success this term. Discussion questions will help you make meaningful connections between the course content and the larger concepts of the course. These discussions give you a chance to express your own thoughts, ask questions, and gain insight from your peers and instructor.

Directions

Create

one initial post

and follow up with at least

two response posts

.

For your

initial post

, do the following:

Write a post of 1 to 2 paragraphs, and include an image of your AD/AS model.

Complete your initial post by Thursday at 11:59 p.m. of your local time zone.

Consider content from other parts of the course where appropriate. Use proper citation methods for your discipline when referencing scholarly or popular sources.

For your

response posts

, do the following:

Reply to at least

two

classmates outside of your own initial post thread.

Complete your response posts by Sunday at 11:59 p.m. of your local time zone.

Demonstrate more depth and thought than saying things like “I agree” or “You are wrong.” Guidance is provided for you in the discussion prompt.

Module Five Discussion Rubric

CriteriaProficient (100%)Needs Improvement (55%)Not Evident (0%)ValueComprehensionDevelops an initial post with a point of view or idea using adequate organization and detailDevelops an initial post with a point of view or idea but with some gaps in organization and detailDoes not develop an initial post with an organized point of view or idea40TimelinessSubmits initial post on timeSubmits initial post one day lateSubmits initial post two or more days late10EngagementProvides relevant response posts with some explanation and detailProvides somewhat relevant response posts with some explanation and detailProvides response posts that are generic with little explanation or detail30Writing (Mechanics)Writes posts that are easily understood using proper citation methods where applicable with few errors in citationsWrites posts that are understandable using proper citation methods where applicable with a number of errors in citationsWrites posts that others are not able to understand and does not use proper citation methods where applicable20

Total:

100%

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