What is the current real GDP growth rate, unemployment rate, and
CPI inflation rate for the US economy? What are these numbers
telling us? How do they compare to past values? Why are the values
what they are? In the future, how does one expect them to
change?
Analyze the patterns related to this data and explain how the US
economy is doing. Cite two trustworthy articles to support your
case.
Draw a graph with the inflation rate on the Y (vertical) axis
and unemployment rate on the X (horizontal) axis. Plot the points
to illustrate the following scenario: The inflation rate is 5%, and
the unemployment rate is 4% (Point A). The government takes
measures to reduce inflation to 2%, and the unemployment rate rises
to 7% (Point B).
Explain the general relationship between "inflation", "interest
rate", and "unemployment". 2-4 sentences, provide a graph showing
the last 20 years of employment in New York state (Could use
FRED).
Compute the average annual rate of inflation that prevailed
between 1980 and 2018. The CPI in 1980 is 32.81; ?1980=32.81, and
the CPI in 2018 is 100; ?2018=100. Please begin with a general
formula to compute the average annual rate.
The following? time-series plot shows the annual unemployment
rate in blue and the annual inflation rate in red over a period of
19 years. Complete parts? (a) through? (d) below.
(b) Estimate the unemployment and inflation rates for year
19
The unemployment rate in year 19 was approximately ___%
The inflation rate in year 19 was approximately ___%
24681012141618012345678xyUnemploymentInflation
Assume that the current annual inflation rate in our country is
2.0% and the unemployment rate is 4.4%.
If you were an advisor of President Trump and Treasury Secretary
Steven Mnuchin, and today you were asked to recommend only ONE of
the following objectives: lower inflation OR lower unemployment,
which would you choose? Explain why you selected one over the
other.
The natural rate of unemployment is the unemployment rate at
which the inflation rate has no tendency to increase or decrease.
However, the natural rate of unemployment is not fixed. What causes
changes in the natural rate of unemployment? Which of the
following will not cause the natural rate of unemployment to
change?
A. Many previous periods with high rates of unemployment.
B. Changes in the money supply resulting from monetary
policy.
C. Changes in labor market institutions.
D. Changes...
Inflation, Unemployment, & Economic Policies
(v.v.i)
Define – inflation rate, unemployment rate,
What are the types of employment?
Discuss about the natural rate of unemployment
What is recession?
What are the impacts of recession on business &
workers?
What happens in a recession and why do recession happens?
Aggregate Demand
Describe briefly about aggregate demand
Describe briefly about aggregate supply
What do u mean by demand pull inflation?
What do u mean by cost-push inflation?