Imagine the chief executive officer (CEO) of General Motors is concerned that members of the GMs strategic planning committee are unfamiliar with basic economic principles. The CEO has assigned you the task of developing an 800- to 1,000-word report to review those basic principles.Your report should include an introduction and aconclusion. The message,, which is posted as a Class Message, provides information on writing thesis statements, introductions, and conclusions.Use thewords/phrases shown below as first-level headings for your paper. Your paper should discuss the:Hints: Use the following chapters from Mankiws(our course textbook) as your only source of background information:Please note: You are allowed to use other sources for your real-world examples.Lastly, you need to formatyour report consistent with APA guidelines and clickthe Assignment Files tab to submit your report