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Discuss the impact of monetary policy tightening with regards to both unemployment and inflation with respect to both the short run and long run?

University of California, Riverside 1. When the economy is at the recovery stage, both output gap and growth rate are positive? True/ False? Please Explain. 2.Assume that input prices decrease and the government decides to cut spending. In this scenario, what would happen to output (Y), the overall price (P), and unemployment (U)? Please illustrate […]

Why do you suppose that the drop in the overall U.S. unemployment rate to its lowest levels in more than 50 years contributed to an increase in the teen labor force participation rate and a decrease in the teen unemployment rate?

U.S. unemployment After looking at the website below and doing further research… Why do you suppose that the drop in the overall U.S. unemployment rate to its lowest levels in more than 50 years contributed to an increase in the teen labor force participation rate and a decrease in the teen unemployment rate?

What has been the unemployment rate in your area in the past 5 years?What are the rates in various states (5) around the United States in the past 5 years?

Employment and Wages The Labor Department’s Bureau of Labor Statistics is the primary agency responsible for collecting data on employment and unemployment. Click on http://www.bls.gov/data/. This is a website that enables you to review a variety of data on the economy. Click on the link for “Employment” at the top. A variety of tables can […]

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