Instructions:Research and find answers the following questions by using articles from current or past events from any major publication (electronic or print edition) to be your research references. Articles that appear in economic journals or business magazines such as The Economist are good resources. In addition, articles that appear in blogs or newspapers are good sources for further research. Several links to good references are available under the Content and the Announcement section on the class website as well as a sample and guildlines for your research.The objective of the paper is to summarize, analyze, critique, support (or question) the articles, and relate the articles to your research questions. The paper must show an analysis of a real world situation using economics concepts, framework, and theories to suggest such as what the problems are, why there are the problems, how to fix the problems, what the pros and cons of each solution are, and how it will affect each group of people.Remember: Your assignment is to write a research paper, NOT a dictionary or a section of a textbook or a newspaper article or a Wikipedia. Use economics theories and concepts to analyze real world economic problems.paper must have a minimum of 950 words but should not over 1,200 words excluding title, quotes, and references.______________________ Research topic and QuestionsNational Debt good, bad, or necessaryApplied Topics: Fiscal Policy, Economic growth, UnemploymentResearch Questions:1. Is increasing national debt bringing down our economy?2. Do other developed countries have high national debt (debt to GDP ratio) just like us? Why do most developed countries have high debt? Why countries with low debt are mostly less developed countries?3. Is there a bigger problem than debt that we should be concerned? Why?Possible articles to answer the research questions (don’t forget to find more articles)https://www.thecrimson.com/column/full-faith-and-credit/article/2009/12/3/deficit-debt-unemployment-budget/

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