Saturday, January 20, 2018

Macro Economics HW Chpt 13

What is the difference between micro and  macro economics?
What are the 3 national goals?
What does  C+I+ G+ (x-m) mean?
What is the difference between the multiplier effect and the acceleration principle?
How will the Federal Government shut down impact the economy?


13(1) Unemployment
Answer  Global connections question on page 335.
Questions 1-6 (odd/even) page 336

13(2) Inflation
What is a wage price spiral (page 342)?
Questions 1-6 (odd/even) page 343.

Read Oprah Winfrey (344)Answer questions 1+2 (odd/even)

13(3) Poverty
Look at poverty rates by group ( 346) What race and gender  has the highest and lowest rates of poverty.
What does the Lorenz curve (348) show?
Questions 1-8 (350) odd/even
Questions 1+2 on page 351.

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