I need a post of at least 500 words, for the instructions attached. Please see attachment for further information._______________________________________________________________________________________________________________________You will be analyzing and debating the economic merits of the state propositions that appeared on the California ballot on November 8, 2016. This will require you to first read the Official Voter Information Guide, Dr. Thornberg’s analysis of select propositions, study what Keynesian and classical economics says about government intervention, and make an argument about your conclusions.
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Discussion Board 5: 2016 California Propositions
For your fifth and final discussion board, you will be analyzing and debating the
economic merits of the state propositions that appeared on the California ballot on
November 8, 2016. This will require you to first read the Official Voter Information
Guide, Dr. Thornberg’s analysis of select propositions, study what Keynesian and
classical economics says about government intervention, and make an argument about
your conclusions. As a part of the discussion, please discuss the following in essay
1. Select one of the propositions from Dr. Thornberg’s analysis you find interesting.
Referencing the Official Voter Information Guide, what is the proposition attempting
to do? What is its potential economic impact? (Note: remember the difference
between economic and accounting costs)
2. What is the current state of economic affairs in California in terms of the three
important measurements of macroeconomics (GDP, unemployment, and inflation)
you learned about recently? You will need to do outside research to find this
information. Also, discuss whether these values show California is in a strong or
weak position economically.
3. Analyze the economic impact of your selected proposition using Keynesian and
(neo)classical economic theory. How are the theories similar or dissimilar when
applying them to your proposition?
4. Given the current state of economic affairs you discussed, do you believe the
proposition was beneficial or harmful for California? How do you reach this
conclusion based upon Keynesian or (neo)classical theory? Would you have
recommended California voters to cast a YES or NO ballot for this proposition?
A lot of academic (not opinion) research will be required for this discussion board.
Please include your sources (those cited and not cited) with your discussion boardnot
including your references will impact your grade significantly. Refer to the rubric for
important instructions on expectations for posts and replies. Your original post must
be at least 500 words and refer to ideas from the textbook, supplemental course
materials, and multiple outside reference you have found on your own.
Your original posts are due by Friday, May 4 before 11:59 p.m. After posting your
original post, you must reply to three (3) other of your classmates’ posts by Sunday,
May 6 before 11:59 p.m. Your replies must be at least 100 words and specifically
comment on your classmates’ analysis and arguments. Constructively respond to
whether or not you agree with their analysis and argument, and why.
As in all cases, be sure to back up your opinion with facts and reason. This discussion
board will debate current events, so you will be held accountable for respectful
discourse. Please refer to the syllabus for what constitutes respectful academic
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