Describe your time range by citing the percentages of each of the components of the Big Three
Question:
Describe your time range by citing the percentages of each of the components of the Big Three throughout the recession (before recession, peak/trough, after recession), being sure to mention the duration of the recession.
Discuss if there was an inflation, disinflation or deflation prior to, and/or during the recession, and any trends you see in the inflation rate. Explain your reasoning and cite the data.
Discuss any relationship between the inflation rate and unemployment rate you may see in the data and discuss how, if at all, it fits with the Phillips Curve model.
Was your recession demand- or supply-driven? Hint: This has to do with the trend in the inflation rate during the recession. Explain your reasoning and cite the data.
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr