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Access the "Entrepreneurship and the U.S. Economy" page of the Bureau of Labor Statistics website and complete this forecasting assignment according to the directions provided in the "Forecasting Case Study: New Business Planning" resource.
Use an Excel spreadsheet file for the calculations and explanations. Cells should contain the formulas (if a formula was used to calculate the entry in that cell). Students are highly encouraged to use the Excel resource, "Forecasting Template," to complete this assignment.
Mac users can use StatPlus:mac LE, free of charge, from AnalystSoft.
Prepare the assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
Attachment:- Forecasting assignment.rar
Potential GDP is $25 trillion; expectations are adaptive; the natural rate of unemployment is 5.5%; the 2010 inflation rate was 3.5%. The phillips curve is:
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