Question
In the Analyzing unemployment and the role of the Central Bank in the economy. Between January 2010 and January 2016, U.S. employment increased by 12.1
In the Analyzing unemployment and the role of the Central Bank in the economy.
Between January 2010 and January 2016, U.S. employment increased by 12.1 million workers, but the number of unemployment workers declined by only 7.3 million. please address how these numbers are consistent with each other. Why might one expect a reduction in the number of people counted as unemployed to be smaller than the increase in the number of people employed? Additionally, please locate and discuss the current unemployment rate in the US. Does thisrate reflect what is really happening inour economy? What has been your experience?
In the second part of your post, analizethe recent reductions on the interest rates that the FED implemented in response to the Covid-19. Can this be seen as anincrease or a decrease in the money supply? What is the goal of the FED with that policy?Why can't the FED control the money supply perfectly?
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