Sequester

   Well the sequester is a group of cuts that effect the federal spending.It's a thing that many people are scared of. It came about in 2001 as part of the Budget Control Acts of 2001 according to the Washington Post.It was supposed to be over in 10 years if the joint select committee came to a deal to cut 1.5 trillion over the ten years.The cuts are made evenly between the domestic and defense programs.
     With the sequester some things are cut mainly government programs.Although things like Medicaid,food stamps,pell grants won't be cut according to abc news.The sequester started last month and it has really affected airports with flight delays because of the FAA.
     It came about to help control our growing debt. It will affect things such as national parks,the FBI,food inspections, and housing aid.Our national debt grows each day.Things such as the great depression and WW2 have an effect on it. Also the fact that our economy crashed in 2007 doesn't help.This is just a broad description of what the sequester is.

Demand Reflection

http://vocaroo.com/i/s0RPdKo7hg74

Supply Wrap Up

1.Supply Schedule

2.Inelastic suppy change

                                                               3.Elastic Supply Curve

4 and 5.