Discuss and explain what is worse for our u.s. economy

Reference no: EM13780733

While referring to the "EYE on YOUR LIFE", discuss the change in the U.S. unemployment rate and inflation rate over the past year based on the Phillips curve concepts. Did they change in the same direction or in opposite directions?

Explain if the change was a movement along a short-run Phillips curve or a shifting short-run Phillips curve. Can you think of reasons why the short-run Phillips curve might have shifted?

Finally, based on these economic concepts as well as your own point-of-view, discuss and explain what is worse for our U.S. economy, too much inflation or too much unemployment?

Reference no: EM13780733

Questions Cloud

Summarize demographics of the crime : Define the crime. Include both the legal definition and others as necessary. Summarize demographics of the crime for both the perpetrators and the victim

Two philosophers propose as the route : Both Plato and Aristotle believed that there is a world of true knowledge, the ultimate reality of the world that has been created perfectly by God (or the equivalent concept of God).

Write an argument essay about food justice : Write an Argument Essay about Food Justice.

Human resources: debbie''s dilemma : If you were advising the three physicians in the organization, what would you tell them they should have done when confronted by the two LPNs? Defend your advice.

Discuss and explain what is worse for our u.s. economy : Discuss and explain what is worse for our U.S. economy, too much inflation or too much unemployment?

Assignment on telemedicin exam : Despite his physical activity on his farm (he owns a pet tiger as well), a less than ideal lifestyle and acute love of Jack Daniels have finally taken their toll and Calvin is due to have liver transplant surgery very soon.

Examine the reliability and validity of these statistics : Examine the reliability and validity of these statistics. Are they accurate? Why or why not? Be sure to discuss how age, gender, race, ethnicity, and socioeconomic level are related to offending and representation in the criminal justice system

What specific issue will you write about within larger topic : What specific issue will you write about within the larger topic, and what unique angle will you provide? This section should be written in your own words

Critical and creative thinking assignment : How was each of these contributions rooted in creative thinking; that is, how did each change existing paradigms of seeing or experiencing the world?

User Account

All Pages