Economic Homework

1 . a . match to 2005 estimates The Inflation recognize in (consumer damages of join States is 3 .2 and the unemployment shit is 5 .1b . accord to alike estimates , the ostentation target for the African surface area Egypt is 4 .9 and its unemployment say is 9 .5 . Inflation range for South American country genus genus Argentina is 9 .6 and the unemployment send is 11 .6The pretension pass judgment of Argentina is almost doubly the ostentation step of Egypt art object its unemployment footstep is two ploughshare points higher . The br extrusion rate of US is 1 .7 percentage point refuse than Egypt s and 8 .4 points than Argentina . The unemployment rate of US approximately half of both(prenominal) Argentina and Egyptc ) From the comparison of these figures a relationship emerges that higher splashiness rate leads to higher unemployment rates2 . agree to latest figures for the year 2006 , The U .S . unemployment rate have come down to 4 .7 in August from 4 .8 in July . The following figure construe from Internet gives a graphical presentation of salmagundi in unemployment over past 1 year Source : HYPERLINK hypertext canalise protocol / entanglement .careerjournal .com http /www .careerjournal .com3 . a ) The yearly lump rate from regrets . 1916 to celestial latitude . 1917 is 18 .1 The annual ostentatiousness rate from Dec . 1929 to Dec . 1930 is - 6 .4 . For 1974 it is 12 .3 and for 1980 it is 12 .5Between 1920 and 1940 the change over in price is 1 .9 points . Between 1990 and 1998 the change in price is 4 .5 pointsb ) Inflation has not continuously been present in US . As clear from the figures , during mid-thirties was a marked answer when ostentation went negative It stayed trustworthy low for few years before climbing grit againc ) High pretension rate was a definite spat for US miserliness in the catch of 1970s when it caused real economic problems and lower productivity .

Although there is a universal agreement that high puffiness damages parsimoniousness , it is unexpressed to point out a ceiling on the inflation rate because it is a coition factor in globa fire of economic and financial conditionsd ) mid-nineties have been a period of relatively low inflation and during this period the US miserliness grew and took a robust form4 . The postulate of economy is an important clincher of voting behavior of community . Higher economic harvest-time , low levels of inflation and big incomes prompts commonwealth to voter fishing tackle in favor of officeholder government . On the foreign if the economy is in perturb , prices are rising and income shrinks , it influences people to vote against the present government5 . a ) The day latest bring out is 9 /28 /06b ) According to final estimates of Bureau of sparing summary , the real gross domestic product has increased at an annual rate of 2 .6 in the second quarter of 2006 (BEA newsc ) The study contributors in the growth of gross domestic product during this period are confident(p) contributions from in-person consumption expenditures for service , exports...If you want to get a proficient essay, order it on our website: Ordercustompaper.com

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