Rick, your friend, runs a small manufacturing plant that produces parts for the auto industry. Rick is thinking

Rick, your friend, runs a small manufacturing plant that produces parts for the auto industry. Rick is thinking  of expanding his operations to meet the increasing demand from car manufacturers. Hearing of your taking  this course in business economics, he asks you for advice on how to go about making the expansion  decision.  You realize that Rick needs to take a number of macroeconomic variables into consideration for the  expansion decision. 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 want to provide Rick with the most informed advice possible.
Briefly summarize the situation and identify the macroeconomic issue(s) to be decided from the perspective of the organization  1. Business cycles  2. Unemployment  3. Inflation  4. International—comparative advantage  5. Exchange rates trade  6. Monetary policy  7. Interest rates  8. Fiscal policy  9. Unemployment  10. Recommendations and Economic Justification  Formulate 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.  11. References  List the full references for at least five sources alphabetically in APA format

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