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4. How does the sudden hurricane that hit most states effect the U.S. economy? Be sure...

4. How does the sudden hurricane that hit most states effect the U.S. economy? Be sure to outline the effects on U.S GDP, the price level and unemployment in the SR & LR. What policies should the government embark on to bailout the economy from the effects of the hurricane?

5. Suppose that, the U.S. increases its exports to Asia. What is the SR and LR effects on U.S. GDP, the price level, and unemployment? What policies should the fed take to stabilize prices in this case?

6. How does the sudden wildfire that hit most states effect the U.S. economy in the SR? Be sure to outline the effects on U.S GDP, the price level and unemployment. What policies should the fed embark on to bailout the economy from the effects of the wildfire?

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4. The impact of hurricane on US economy is explained by sector wise and also the impact in the short run and long run is mentioned.

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