Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
Please give a detailed answer for each question. Thank you in advance!!!
Q6 (a) Compare the advantages and disadvantages of using the CPI, the PPI and the GDP‑deflator as economic indicators.
b) With the help of a correctly labeled diagram, explain the main causes of inflation.
(c) Briefly explain some of the costs imposed by inflation and who are hurt by it.
d) Recommend three strategies for government to deal with inflation.
e) Explain why inflation is not all that bad and what part of it is good.
f) During times in the economy when nominal interest rates are high, while real rates are low, identify which groups “wins” and which groups “loses” with this situation. Explain why.
Q7. a) Explain how the monthly survey of households by the Bureau of Labor Statistics categorizes the working age population and explain the three key labor market measures derived from these surveys.
b) Explain why the level of unemployment and its nature is important to government.
c) If the unemployment rate is less than the rate of full employment, explain the implications of this.
d) Suppose the number of unemployed workers in the country stays the same but the number of people living in the country increases, what do you think will happen to the unemployment rate? Explain your answer.
e) Which type of unemployment should government be most concerned with and why?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more