Discuss expectations of changes in economic, financial, and international conditions in the near future
Research the current value of the following economic indicators (For the United States):
GDP-
CPI-
Nonfarm payroll employment-
Industrial production/capacity utilization-
Advance report on durable goods shipments (230.0 billion), new orders (51.4 man, 54.6 non man), and unfilled orders
Housing starts
Retail sales-
S&P 500 Stock Index-
Based on your research, write a paper of 500-750 words that addresses the following:
Analyze the current macroeconomic situation.
Discuss expectations of changes in economic, financial, and international conditions in the near future.
Identify any economic issues of special concern.
Recommend whether the FOMC should raise, lower, or keep short-term interest rates the same.
……………………Answer preview……………………………
Macroeconomics is ideally the comprehensive study of on the whole behavior of the economic systems or the aggregate economies instead of studying the behavior of various individual markets, firms or individuals which make up the main domain of Microeconomics. Macroeconomics are basically concerned with primarily forecasting mainly on national income by analyzing fundamental economic factors which outline predictable trends and patterns…………………….
APA
602 words
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