Discussion Questions:

1. If a country goes bankrupt and cannot pay its debts, which of its responsibilities should take precedence: paying bondholders or paying the pensions of its employees?
2. What changes in the guaranteed-jobs program might be made to fit your moral sensibilities about governmental responsibilities?
3. Wayne Angell, a former Fed governor, stated in an editorial, “The Federal Reserve should get back on track getting inflation rates so low that inflation would no longer be a determining factor in household and business investment decisions.” Mr. Angell believes inflation lowers long-term growth.
   • How does inflation affect household decisions and, consequently, growth?

   follow this the Description of criterion must be the Posts well-developed assignment that fully addresses and develops all aspects of the task. Posts factually correct, reflective, and substantive contribution; advances discussion. Uses references to literature, readings, or personal experience to support comments. Contributes to discussion with clear, concise comments formatted in an easy to read style that is free of grammatical or spelling errors. (minimum of 250 words)