What is happening in the labor market right now? Are there any projections for the labor market? Based on what you found relative to projections, or your own hypothesis, what can workers expect relative to wages? Why? How will these projections affect the AS curve?
Summarize in your own words the terms aggregate demand and aggregate supply.
Summarize in your own words the term labor market
Based upon your research, what is happening in the labor market today?
Can you find any projections on what may happen in the labor market? If not, based upon your research, what do you think might happen?
What can workers expect relative to wages based on labor market projections? Why?
How will the projection affect the aggregate supply curve?