Discuss the trends of unemployment and inflation rates over the past 10 years and provide your objective analysis of the changes in unemployment and inflation rates and the current rates. Place extra emphasis on the periods where unemployment or inflation was either too high or too low. Also state the effect of the high and low rates on GDP.
o Two Issues: Discuss the two unemployment-related issues you selected. Provide an overview of their trends and use facts to highlight the major changes in their trends and their current statuses. State the reason(s) why you believe these two issues represent a challenge for the economy.
• Reflection and Critical Thinking
Connect all the dots together by relating your above analysis to other areas in the macroeconomy. Basically, you will link changes in overall unemployment, the two unemployment related issues you selected, inflation, and GDP to one another and how they impacted each other during periods of economic decline (recessions) and periods of economic growth (expansion).
• Solution
o State which macroeconomic policy (monetary policy or fiscal policy) might resolve the issues you highlighted above, and state how this policy could be implemented and why it would solve these problems.
o Finally, provide your own solution. Basically, answer the following question.
What would you do to solve the macroeconomic issues you addressed if you were in charge of the U.S. economy? State why.
• Reference List
Use at least three professional sources to support your argument. The references need to be in APA format.
To learn more about APA format, click (and hold your CTRL key) on the link below or copy/paste the link into your browser address bar.
APA Resources: http://libguides.devry.edu/c.php?g=181472&p=1194156
Revised 02/09/2023
Last Completed Projects
| topic title | academic level | Writer | delivered |
|---|