Your introduction needs to include the following. 

o Include a clear definition of unemployment and inflation and how and why they occur and rise in the economy.

o Briefly provide your understanding of the relationship between GDP growth and/or decline, high/low unemployment, and high/low inflation rates.

o Include a brief description of the two unemployment-related issues that you are going to address in this paper and their importance. Basically, why do you think they are important to research and resolve?

Data Section needs no text or Analysis, just graphs/charts/tables with sources. Each data piece should examine the same 10-year period that you have chosen. I have provided the BLS guideline to use to obtain some of the data needed if you choose 2 unemployment variables. Therefore, choose 2 unemployment variables for the case and use the guideline provided in the week 6 case study module for the data section. Recall, you need a total of 5 pieces of data in this section. Use the BEA website for GDP growth (https://www.bea.gov/) as used in the week 4 discussion board, Macrotrends website for Inflation (https://www.macrotrends.net/countries/USA/united-states/inflation-rate-cpi ), and the BLS website for General Unemployment and Variable Unemployment data pieces ( https://data.bls.gov/cgi-bin/surveymost?ln )

Analysis

This section needs to contain the following discussions based on the data that was gathered and your understanding of unemployment, inflation, and GDP.

o Unemployment and Inflation: Discuss the trends of unemployment and inflation rates over the past 10 years and provide your objective analysis of the changes in unemployment and inflation rates and the current rates. Place extra emphasis on the periods where unemployment or inflation was either too high or too low. Also state the effect of the high and low rates on GDP.

o Two Issues: Unemployment rates for women Unemployment rates for men

Discuss the two unemployment-related issues you selected. Provide an overview of their trends and use facts to highlight the major changes in their trends and their current statuses. State the reason(s) why you believe these two issues represent a challenge for the economy.

Reflection and Critical Thinking

Connect all the dots together by relating your above analysis to other areas in the macroeconomy. Basically, you will link changes in overall unemployment, the two unemployment related issues you selected, inflation, and GDP to one another and how they impacted each other during periods of economic decline (recessions) and periods of economic growth (expansion).

Solutiono State which macroeconomic policy (monetary policy or fiscal policy) might resolve the issues you highlighted above, and state how this policy could be implemented and why it would solve these problems.

o Finally, provide your own solution. Basically, answer the following question.

What would you do to solve the macroeconomic issues you addressed if you were in charge of the U.S.economy? State why.

Reference List

Use at least five professional sources to support your argument. The references need to be in APA format.

Answer rating: 100% (QA)

ANSWER Introduction Unemployment refers to the situation where individuals who are willing and able to work are unable to find employment Inflation on the other hand is the rate at which the general l... View the full answer