Question
1. Use The SnapShot Model to present your state of the economy at the present time. What is the GDP, Unemployment Rate, and Inflation Rate?
1. Use The SnapShot Model to present your state of the economy at the present time. What is the GDP, Unemployment Rate, and Inflation Rate? What is your initial assessment of the state of our economy? You may look at the US economy, the state economy or even the local economy if you are able to acquire the necessary data.
2. Offer enough data to show recent trends of Economic Growth, Unemployment and Inflation. You should have enough data points to make reasonable projections using historicals.
3. Select a subtopic to provide a more detailed and critical assessment of the economy. Possible topics include:
- Inflation and its impact on consumers, businesses or a particular industry, and how Fiscal or Monetary Policy is used to manage rising prices.
- Unemployment and its impact on consumers, businesses or a particular industry, and how Fiscal or Monetary Policy is used to manage the employment rate.
- GDP contraction and its impact on consumers, businesses or a particular industry, and how Fiscal or Monetary Policy is used to manage the economy and ensure economic growth.
- Exchange Rates and their impact on consumers, businesses or a particular industry
- US Stock Market (or international equities markets) and their impact on consumers, businesses or a particular industry.
- Macroeconomic impact on a particular industry.
Other macroeconomic related topics would also be considered.
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