What was the effect on inflation?

Background
Policymakers ramped up both fiscal and monetary policy in order to counteract the plunge in economic activity during the Covid-induced recession in 2020.
Part A
The first part of this section describes the fiscal policies implemented in response to the plunge in economic activity. The second part describes the monetary policies. Follow the instructions for either the Monetary or Fiscal Policy sections and then do Part B.
Choice 1) Fiscal Policy: Congress and the Administration (Presidents Trump and Biden) sent a total of three rounds of payments to people who were eligible: $1,200 in April 2020, $600 in December 2020, and $1,400 in March 2021.
You can see the impact of these payments by looking at disposable personal income (FRED ticker: DSPI). i) Paste in a chart from FRED showing the level of disposable income from 2019 through 2022.
Part B
Use the Aggregate Demand and Supply Model to explain the goal of the policies implemented during the recession.
Before the stimulus
Draw a chart showing how Aggregate Demand and Short-term and long-term Aggregate Supply changed during the early stages of the lockdown—before the stimulus programs were implemented. Be sure to label the chart correctly. Include in your description how the short-term equilibrium differed from the long-term equilibrium. You can use figure 13.6 on page 457 in the text as a guide, but the circumstances here are different so your chart will not look the same. Refer to the class Lecture Slides if you need a refresher on what happened during Covid.
After the stimulus
Referring to the chart you drew, which curve did the policy actions attempt to change? (No need to draw another chart).
Did the policies succeed in restoring full employment? (Look at a chart of UNRATE in FRED, no need to include the chart in your writeup).
What was the effect on inflation? (Look at a chart of CPIAUCSL % Change from Year Ago, again no need to include the chart in your writeup).
In retrospect, do you think that the policy actions were needed and of the right magnitude? Should policymakers have done some things differently?
ii) Point out how the stimulus payments affected disposable income. You can place notations on the chart or just write out a description in your text.

Would you label the market as an oligopoly or monopolistically competitive?

https://www.youtube.com/watch?v=ezbvELyYcA8&ab_channel=LandoSuccess Discuss the role of advertising in terms of product differentiation. How are the firms trying to differentiate their products? Do you think they were successful? Which ad do you think increased market power? Decreased it? Would you label the market as an oligopoly or monopolistically competitive?

Are they a “natural monopoly”?

Give an example of price discrimination. Which firm is taking part in it? What is the product/ service? Which type of price discrimination is it? Are you okay with this type of discrimination?
OR
Name and describe a firm or industry that has control of a key input and/or large fixed costs. Do they also have government protection? Why are they allowed to operate without much competition? Are they a “natural monopoly”?

Explain why one approach is better than the other.

Please answer the following questions in paragraph form:
1. Give an example of an externality cost and an externality that benefits people. Specifically, explain why externalities tend to cause additional pollution and environmental degradation and why externalities make environmental legislation necessary.
2. Use the concept of supply and demand to explain why an increase in Medicare subsidies can lead to an increase in health care spending by the government.
3. A government is thinking about increasing the sales tax rate. Should it use static or dynamic tax analysis? Explain why one approach is better than the other. Give one example of a tax rate plan that would be static and another than would be dynamic.
4. In the illegal drug market, dealers can sometimes dramatically decrease the purity of the product without seeing much of a decrease in sales. On the other hand, in restaurants, a small decrease in food quality can often mean death to the business. Explain why this is true in the context of elasticity.

Explain the extent wo which this statement is true and the extent to which it is false.

Please answer the following questions in paragraph form:
1. “Economists assume people are selfish.” Explain the extent wo which this statement is true and the extent to which it is false.
2. “Rational, self-interested people would never end up worse off by any decision they make. Obviously, people often make mistakes or have regrets. Therefore, people do not act rationally or out of self-interest.” Explain the extent wo which this statement is true and the extent to which it is false.
3. According to a survey, people want safer cars and say they are willing to pay substantially more for safer cars. Using this information, one car company adds safety features to its car, raising the price by several thousand dollars. What is the potential problem with this strategy?
4. Suppose that nuclear power plants are banned. Explain the opportunity costs of this decision? Also, what opportunities does this generate for other facets of the economy?

Do you believe having a debt to gdp ratio this high is a problem?

Currently the US debt exceeds our annual gross domestic product. Do you believe having a debt to GDP ratio this high is a problem? Why or why not? Suppose you were hired to come up with a plan to reduce the nation’s debt. What proposals would you include in your plan and why? Be specific with your proposals. Using the AD-AS model, what impact would your proposals have on GDP, employment, and inflation?

Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.

***The details of the paper are on the file that is attached***
1. https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/ – 2. https://www.huffpost.com/entry/the-connection-between-ed_b_1066401 –
Must be eight double-spaced pages in length (not including title and references pages and formatted according to APA Style. as outlined in the Writing Center’s APA Formatting for Microsoft Word.
Must include a separate title page with the following:
Title of paper in bold font
Space should appear between the title and the rest of the information on the title page.
Student’s name
Name of institution (University of Arizona Global Campus)
Course name and number
Instructor’s name
Due date
Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
Must use at least five scholarly and/or credible sources.

1. Trends in income and wealth inequality


https://www.huffpost.com/entry/the-connection-between-ed_b_1066401

I will attach the instructions and rubric down below there is a key part i think

I will attach the Instructions and Rubric down below there is a key part I think is important you must find an article/podcast that is within 4 months, and also make sure to see the rubric there is some grading question you need to answer in the essay in order to get full credit.

Announces the build-back better framework.

Overview:
The current Administration’s Build Back Better Plan proposes several changes that are
intended to help working class Americans.
Instructions:
Review the Plan and address the questions below. Your responses need to be
supported by relevant well-researched facts.
1. What are the major changes proposed in the Plan?
2. What is the projected impact on our GDP?
3. How will the changes benefit you personally?
4. If you feel that it will not benefit you personally, please state that in your response
and explain why.
5. Who benefits from the changes in the Plan?
6. Does it favor one group over another?
One possible resource – please use more:
The White House Statements and Releases (October 28th, 2021). President Biden
announces the build-back better framework. thewhitehouse.gov.
Requirements:
• 3 pages minimum excluding the Title and Reference pages.
• Submit a Word document in APA format.
• At least three resources and all relevant facts are properly cited in APA format.