Question: Could you please guide me on this? A a AaBbCcDdE AaBbCcDc AaBbCcDdE A E E Emphasis Heading 1 Normal To expand the point further let's

Could you please guide me on this?

 Could you please guide me on this? A a AaBbCcDdE AaBbCcDc

A a AaBbCcDdE AaBbCcDc AaBbCcDdE A E E Emphasis Heading 1 Normal To expand the point further let's consider the very important macro indicators of employment and the wages that employment generates. To make it interesting let's also consider a different country - the tiny Kingdom of Bahrain. Several years ago Bahrain, like other developed Middle East producers of energy, went through some tough times. The softness in energy prices, which continues to this day, has left the economy unsettled. The most recent period for which we have reliable data is the second quarter of 2018-19. According to the Bahraini Labour Market Regulatory Authority's quarterly reports we have the following numbers for working Bahraini citizens (one BD, or Bahraini dinar, equals $2.67): Indicator 2018Q2 2019Q2 Employment 158,814 153, 103 Median Monthly BD538 BD532 Wage Inflation, Year 0.5% over Year b) Your next task is to set out the direct macroeconomic signals that are contained in these data. Tell me explicitly what the direct signals are about employment and wages in this 12-month period, and be sure to distinguish between real and nominal changes. c) These data are useful because they may provide indirect signals as well. Speculate on what indirect signals we could get from these data. To assist you in organizing your answer, let me know what these data could mean for households, firms, and the government. If it would help, assume for the moment you are a Bahraini who runs, say, an automobile ed States)

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