Macro Economics

Unemployment and inflation are an economy’s two most important macroeconomic issues. The federal government’s fiscal policy and the Federal Reserve’s monetary policy try to maintain both a low unemployment rate around a natural rate and a low inflation rate around 2%....

Macro economics

Suppose you live in a community of 100 people where everyone is able and seeks to work. If 75 people are over 16 years old and 50 of them are employed.(a) Calculate the unemployment rate in this community? (b) what is the labor force participation rate?What are the...

Macro Economics

A significant decrease in aggregate demand in the U.S. economy has created a serious recession. Propose a specific single fiscal policy to assist in the recovery to full employment. Explain how your policy will work to improve conditions. Identify each step in the...

Macro economics

Define any 10 terms. Give examples where pertinent. Macro Economics Opportunity cost Model / Theory Micro Economics Real capital Fiscal Deficit GDP Debt Net exports 1. a) What is Supply ? What is Demand ? b) Develop a model of a market, utilizing supply and demand....