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discuss how increasing your human capital may influence your ability to accept change, and readiness to learn new skills and get new jobs. Please apply the effects of human capital and technological changes as explained in the textbook when sharing your discussion.

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Participate in a discussion with your classmates regarding natural unemployment. Review the Eye on Your Life€ caption titled, Natural Unemployment, on page 207 in the textbook. Now that we have learned that potential GDP is the value of real GDP when all the economy's factors of production - labor, capital, land, and entrepreneurial ability - are fully employed, discuss how these factors render natural unemployment as productive when considering potential GDP. Please apply the production function and labor market concepts as explained in the textbook when sharing your discussion.

Participate in a discussion with your classmates regarding natural unemployment. Review the “EYE on Your Life” caption titled, Natural Unemployment, on page 207 in the textbook. Now that we have learned that potential GDP is the value of real GDP when all the economy’s factors of production - labor, capital, land, and entrepreneurial ability - are fully employed, discuss how these factors render natural unemployment as productive when considering potential GDP. Please apply the production function and labor market concepts as explained in the textbook when sharing your discussion.

Now that we have learned that the Short-Run Phillips Curve (SRPC) shows the tradeoff between inflation and unemployment at the given natural unemployment rate and expected inflation rate, discuss which is worse, too much inflation or too much unemployment. Please apply the effects of the SRPC as explained in the textbook when sharing your discussion.

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