ECON 545: Project 2-Rick, your friend, runs a small manufacturing plant that produces parts

The
Macroeconomic Paper tests your ability to apply economic principles to a
business decision considering the impact of macroeconomic variables.
Select one situation from the items outlined below: A to D. Complete the
paper on the selected situation as specified below. The completed paper
is a professional report and is due in Week 6 (260 Points). See the
grading rubric at the end of this document. Be sure to use the DeVry
library to find data, and avoid questionable sources, such as Wikipedia.Each
of the scenarios has a list of Macroeconomic areas you are to address,
with sources, in your answer. Briefly you are to research and show how
these apply to your scenario: GDP growth rate (20 points), the business
cycle (30 points), fiscal policy and level of unemployment (50 points),
monetary policy and interest rates (50 points), international trade (40
points), and demographics (20 points).Situation ARick,
your friend, runs a small manufacturing plant that produces parts for
the auto industry. Rick is thinking of expanding his operations to meet
the increasing demand from car manufacturers. Hearing of your taking
this course in business economics, he asks you for advice on how to go
about making the expansion decision.At first you are reluctant
to give investment advice, but then you happen to read the piece “U.S.
Auto Sales Estimates Cut as Confidence Slows Rebound” on page 634 of the
textbook. You suddenly realize that Rick needs to take a number of
macroeconomic variables into consideration for the expansion decision.
You decide to research the economy in terms of GDP growth rate, interest
rates, level of unemployment, the business cycle, fiscal policy,
monetary policy, international trade, and demographics. You want to
provide Rick with the most informed advice possible.