The factors that change (i.e., SHIFT) aggregate demand (AD) include each of the following except: O Expectations about the future. ◇ Fiscal policy and monetary policy. O Potential GDP changes. O The state of the world economy.

According to the eTextbook, What does supply chain effectiveness primarily focus on? O Optimizing inventory management and transportation O Minimizing costs and time in the supply chain O Meeting customer expectations and needs O Maximizing production efficiency and waste reduction

The long run macroeconomic performance of an economy can be reflectedfrom the changes of her major macroeconomic indicators. With appropriateinterpretations of the changes to these indicators, one can identify the inherentstructural features of an economy, and hence, identify her strengths andweaknesses. In about 250 words, write a short essay on ONE economy from the list below:i. Singapore;ii. The United Kingdom;iii. The United States.In your essay, describe the changes of major macroeconomic indicators fromthe last decade. Using them to illustrate major structural features of the choseneconomy. Based on the above, identify ONE inherent problem implied bythese structural features that might limit her macroeconomic performance inthe long run. Suggest ONE practical government policy in dealing with thisinherent problem.

Without looking at Table 19.7, return to Figure 19.10. If we define a recession as a significant decline in national output, can you identify any post-1960 recessions in addition to the 20082009 recession? (This requires a judgment call.)