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Posted: September 16th, 2023
Trident Eco202 module 2 case
Module 1 â Case ECO 202
Production, Unemployment, and
Inflation
Case Assignment
Submit a 4- to 5-page paper that
addresses the following questions. Be sure to use references within the paper
to support your answers.
1.Why is there unemployment even
when the economy is at âfull employmentâ? What are some âcosts of
unemploymentâ?
2.Is the CPI a biased measure of
the inflation rate? Explain your answer.
3.Explain how some government tax
revenue and spending can depend on the state of the economy.
4.Explain some limitations of
using GDP as an indicator of standard of living (be sure to do some research on
your own to find any alternative measures).
Assignment Expectations
Use information from the modular
background readings as well as any good quality resource you can find. Make
sure you cite all resources you use and provide a reference list at the end of
your paper.
Length: 4â5 typed and
double-spaced pages.
In addition to the overall
quality, depth, grammar, and organization of the paper, the following will, in
particular, be assessed:
1.The level of your understanding
of the key concepts of the major macroeconomic indicators.
2.Some in-text references to
modular background readings (APA formatting encouraged).
Upload your assignment to the
Case 1 dropbox when completed.
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