What effect financial crisis have on federal budget deficit

Reference no: EM132311535

Question: Answer the following questions:

• Does the overall unemployment rate offer and accurate picture of the impact of unemployment on each U.S. population group?

• If actual inflation exceeds anticipated inflation, who will lose purchasing power and who will gain?

• What did classical economists assume about the flexibility of prices, wages, and interest rates? What disagreements did Keynes have with classical economists?

• What effect did the financial crisis of 2008 have on the federal budget deficit?

Information related to above question is enclosed below:

Attachment:- Assignment.rar

Reference no: EM132311535

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