Reference no: EM132792693
Assignment: Unemployment and Inflation
Two of the biggest issues in macroeconomics are inflation and unemployment. Policymakers would like to keep both measures low. Often, however, there is a?trade-off?between the two. A strong economy that lowers unemployment can put upward pressure on prices. A weak economy that lowers inflation can increase unemployment.
Before the COVID-19 pandemic, we had both very low unemployment and inflation. Then unemployment rose. In the future, unemployment and inflation could change and it's good to have policy plans in place before either of these problems gets too bad.
Imagine that you oversee macroeconomic policy. Answer these questions, being sure to explain your answers.
• What are some of the problems, difficulties, or hardships caused by unemployment?
• What are some of the problems, difficulties, or hardships caused by inflation?
• If you had to make a choice today between a policy that would head off increases in inflation or increases in unemployment, which one would you choose?
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Problem american psychological association
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Explain the processes of hiring and wage equity
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Calculate the standard deviation of the estimated returns
: Assume that there is an alternative stock, (stock II) gives an expected return of 13%, with a standard deviation of .20, which stock would you prefer to invest
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Positive and negative the consequences of living
: What are some of the positive and negative the consequences of living in homogeneous community?
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What are some problems or hardships caused by inflation
: Two of the biggest issues in macroeconomics are inflation and unemployment. Policymakers would like to keep both measures low. Often, however, there is a?trade.
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What is cultural transmission of racism
: What is cultural transmission of racism through globalization, and racial bias transmission via the mass media (Hale, 2014)
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Explain the importance of leadership to a team
: Explain the importance of leadership to a team. Explain leadership practices you incorporated into your leadership style.
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Make journal entry to record stock dividend would include
: Make journal entry to record the stock dividend would include a. Maggot Corp. declares and distributes a 3% stock dividend on its 10,000 outstanding shares
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Distinguish between the short-run and the long-run
: Distinguish between the short-run and the long-run in a macroeconomic analysis. Why is the relationship between unemployment and inflation different.
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