Briefly, you are to research and show how these apply to your scenario: GDP growth rate, the business cycle, unemployment, and inflation, fiscal policy and level of unemployment, monetary policy and interest rates, and demographics.

Briefly, you are to research and show how these apply to your scenario: GDP growth rate, the business cycle, unemployment, and inflation, fiscal policy and level of unemployment, monetary policy and interest rates, and demographics.Situation DAfter hearing of you taking this course in business economics, Uncle Dan has e-mailed you asking for advice on his 100-acre corn farm. He mentioned how, after 30 years of growing corn, he wishes to leave that commodity’s market and enter a more profitable market instead. He is thinking of subdividing his land and building homes and shops. He reckons he could make a good profit by selling the homes and renting the shops.Recognizing the costs and risks for Uncle Dan in making the switch, you decide to research the economy in terms of GDP growth rate, interest rates, level of unemployment, the business cycle, fiscal policy, monetary policy, international trade, and demographics. You decide to educate yourself about macroeconomics so that you can provide Uncle Dan with the most informed advice possible.Macroeconomic Paper as a Professional ReportYour paper should be organized into five parts as listed below.1. Title Page: Name, class, and date2. Introduction to situation but do NOT copy the scenario. Briefly summarize the situation and identify the macroeconomic issue(s) to be decided from the perspective of the organization.3. Business cycles, unemployment, inflation, international—comparative advantage, exchange rates, trade, etc., monetary policy and interest rates, and fiscal policy and unemployment. Identify the variables that are critical in addressing the issue(s). Gather and present the relevant data on the variables by searching the DeVry Online Library. Ask a librarian for help if needed. Use in-text citation to report the source(s) of the data. Graphs may be included here.4. Recommendations and Economic JustificationFormulate and present your recommendations for addressing the issue(s) based on the relevant data and economic principles identified above. Justify your recommendations in terms of the economic impact on those affected.5. References