\u00a0\u00a0
\nUnemployment and inflation are an economy\u2019s two most important macroeconomic issues. The federal government\u2019s fiscal policy and the Federal Reserve\u2019s monetary policy try to maintain both a low unemployment rate around a natural rate and a low inflation rate around 2%.In your Final Paper,
\n\u00b7 Evaluate the historical relationship between unemployment and inflation. (hint: You may start from A.W. Phillips\u2019s finding of the relationship between unemployment and inflation.)
\n\u00b7 Distinguish between the short-run and the long-run in a macroeconomic analysis. Why is the relationship between unemployment and inflation different in the short-run and the long-run?
\n\u00b7 Assess the recent 20-year U.S. unemployment and inflation data. Do the current U.S. unemployment and inflation data confirm the short-run Phillips curve?
\n\u00b7 Analyze why the recent 20-year U.S. unemployment and inflation data approves or disproves the short-run Phillips curve.
\n\u00b7 Evaluate whether the Phillips curve can still validly resolve today\u2019s issue of unemployment and inflation and forecast unemployment and inflation. Why or why not?
\n\u00b7 Recommend any policy, method, or opinions for the current U.S. unemployment and inflation as a policy maker for either fiscal policy or monetary policy (or both).
\nThe Short-Run and Long-Run Relationship Between Unemployment and Inflation Final Paper
\n\u00b7 Must be eight to 10 double-spaced pages in length (not including title and references pages) and formatted according to APA style\u00a0
\n\u00b7 Must include a separate title page with the following:
\nTitle of paper
\nStudent\u2019s name
\nCourse name and number
\nInstructor\u2019s name
\nDate submitted
\n\u00b7
\n\u00b7 Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
\n\u00b7 Must use at least five scholarly, peer-reviewed, and other credible sources in addition to the course text.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0\u00a0 Unemployment and inflation are an economy\u2019s two most important macroeconomic issues. The federal government\u2019s fiscal policy and the Federal Reserve\u2019s monetary policy try to…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-21302","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/21302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/comments?post=21302"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/21302\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/media?parent=21302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/categories?post=21302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/tags?post=21302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}