The United States’ GDP growth rate, unemployment rate, and inflation rate

Read The following:

https://apps.bea.gov/iTable/iTable.cfm?reqid=19&step=2#reqid=19&step=2&isuri=1&1921=survey

http://wdi.worldbank.org/table/4.1

https://lmscontent.embanet.com/UMD/EMBA683/Docs/IntrotoGDP.html

https://www.mruniversity.com/courses/principles-economics-macroeconomics/gross-domestic-product-definition-what-is-gdp

Unemployment Core Conc epts

https://www.bls.gov/news.release/empsit.t15.htm

https://lmscontent.embanet.com/UMD/EMBA683/Docs/Unemployment_alt.html

https://www.mruniversity.com/courses/principles-economics-macroeconomics/economics-career-finding-right-jobs-labor-markets

Inflation: Core Concepts
https://www.bls.gov/cpi/data.htm

https://www.bls.gov/cpi/questions-and-answers.htm

https://lmscontent.embanet.com/UMD/EMBA683/Docs/Inflation_alt.html

https://www.mruniversity.com/courses/principles-economics-macroeconomics/zimbabwe-currency-inflation

The 2008 Financial Crisis
https://www.imdb.com/title/tt1645089/?ref=ext_shr_eml_tt

https://www.macroeconomics.tu-berlin.de/fileadmin/fg124/financial_crises/literature/Hellwig.pdf

https://www.bbc.com/news/blogs-echochambers-29388019

https://www.project-syndicate.org/commentary/robert-j–shiller-believes-that-recent-warnings-that-asset-prices-are-rising-dangerously-fast-may-be-correct?barrier=accesspaylog

1. Why did the crisis spread from subprime mortgages to the entire financial sector and, ultimately, the economy?
2. How has the crisis been reflected in the United States’ GDP growth rate, unemployment rate, and inflation rate? What do these figures indicate about the magnitude of the crisis?

 

 

 

 

 

 

Sample Solution

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