Homework Principles of Microeconomics Rubric: i. The answer should be at least 6 lines. ii. Please do not share your answer to others. Sharing answers will be subject to penalizing. iii. The answers should be from your own thought. Use Word format iv. The did 1. Explain why economists focus on GDP, inflation, and unemployment when assessing the health of an entire economy. > Identify why saving and investment are key factors in promoting rising living standards. >- Describe why economists believe that "shocks" and "sticky prices" are responsible for short-run fluctuations in output and employment.