Question: n Week 1 and 2 lessons will explore Employment and Unemployment. We will discuss the Types of Unemployment, and Inflation. Additionally, we will review and

n Week 1 and 2 lessons will explore Employment and Unemployment. We will discuss the Types of Unemployment, and Inflation. Additionally, we will review and discuss how to measure the economic performance. We will cover the Total Production, and the Economic Growth in the Global Economy. In addition, we will analyze the Financial Markets, Saving and Investment, and the financial crisis of 2008.

Participate in this week online Discussion Board:

  1. Explain the difference between the Frictional and Structural unemployment.
  2. What are three major macroeconomic goals?
  3. What is Gross Domestic Product? List the elements of the GDP formula.
  4. Discuss the problems in calculating an accurate GDP.

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