Paper instructions

I’m working on a business question and need an explanation to help me understand better.

https://cloudflare-ipfs.com/ipfs/bafykbzacecvxiffc…Here is the book, you can find the information needed in the paper throughout chapters 6 and 7.

The directions are listed below and attached.

ECON 313 FIRST PAPER INSTRUCTIONS

  1. TWO ECON GRAPHS REQUIREMENT DOES *NOT* APPLY TO THIS PAPER! (BUT ECON GRAPHS ARE OK AND CAN BE USED)
  2. LENGTH: 800-1000 WORDS (OVERRIDES PAGE COUNT) NOT INCLUDING ANY ECON GRAPHS OR OTHER GRAPHS
  3. TOPIC: HOW WOULD BIDEN’S “INFRASTRUCTURE” (aka American Jobs Plan) PROPOSAL AFFECT US ECONOMIC GROWTH IN THE LONG RUN? (YOU CAN ARGUE THERE WILL BE NO EFFECTS, POSITIVE EFFECTS OR NEGATIVE EFFECTS OR SOME COMBINATION).
  4. WHAT YOU MUST DO: USING WHAT YOU HAVE LEARNED ABOUT LONG-RUN GROWTH IN THE US ECONOMY (CHAPTERS 6 AND 7) USE THE SOLOW MODEL PARAMETERS (AND GRAPHS IF YOU LIKE) TO ANALYZE THE EFFECTS OF THESE POLICY PROPOSALS. ALSO USE THE ROMER MODEL PARAMETERS TO ANALYZE THE EFFECTS OF THESE POLICY PROPOSALS. YOU CAN CERTAINLY DISCUSS THE LIMITATIONS OF THE MODELS IN YOUR ANALYSIS.
  5. DO NOT WORRY ABOUT WHETHER THERE WILL BE MODIFICATIONS TO THE PROPOSALS OR WHETHER ANY OF THEM WILL BECOME LAW.
  6. THERE ARE A NUMBER OF PLACES YOU CAN FIND YOU CAN FIND THIS PROPOSAL. EXAMPLES:

https://www.whitehouse.gov/briefing-room/statements-releases/2021/03/31/fact-sheet-the-american-jobs-plan/ (The full story)

The New York Times, Washington Post, and Wall Street Journal have multiple analyses and discussions of the key elements of this proposal.

  1. DO NOT DISCUSS ALL OF THEM. PICK OUT A FEW POLICIES THAT YOU THINK ARE SIGNIFICANT AND CAN BE ANALYZED WITH OUR MODELS, AND STILL STAY WITHIN THE WORD COUNT.
  2. ALL GREEK SYMBOLS ARE AVAILABLE IN MS WORD BY SELECTING INSERT SYMBOL AND PICKING GREEK (αβχ FOR EXAMPLE)

(CONTINUED ON NEXT PAGE)

  1. YOU CAN USE ANY RELIABLE SOURCES (INCLUDING THE TEXTBOOK) FOR YOUR DISCUSSION.
  2. 10. CONSULT THE LATEST VERSION OF THE GENERAL GUIDELINES FOR VERY IMPORTANT INFORMATION!

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