Inflation a. Define and identify how to calculate the Consumer Price Index (CPI)?

2. Gross Domestic Product  a. Define GDP, identify what is not included, define the four components, and give an example of each. b. Explain the difference between nominal GDP and real GDP. Use a simplified numerical example with two different years to show your understanding.  c. If someone told you that the nominal GDP increased by 4% in 2004 explain why you would need two additional pieces of information to conclude that the standard of living for the typical person also increased by 4%.     Unemployment a. Define and give examples of the four types of unemployment discussed in class.  b. How is the unemployment rate calculated?   What is the Natural Rate of Unemployment?   Do we want zero unemployment? Explain.

3.  Inflation a. Define and identify how to calculate the Consumer Price Index (CPI)?  Explain the meaning of the following CPIs relative to a base year.  Year 1=90, Year 2=100, Year 3=125, Year 4=150.  Lastly explain why the percent change in prices from year 3 to year 4 is NOT 25%.    b. Identify how to calculate nominal interest rates and real interest rates.  Assume that you put $100 in the bank.  Use numeric examples to explain three different scenarios in which your REAL income falls,   stays the same, and increases.    c. If the actual inflation is greater than the anticipated inflation, fully explain who would benefit and who would be hurt and explain WHY?

Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.

Use the order calculator below and get ordering with idealtermpapers.com now! Contact our live support team for any assistance or inquiry.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page:
 Total:

Purchase Guarantee

Why ORDER at IdealTermPapers.com?

  • Educated and experienced writers.
  • Quality, Professionalism and experience.
  • Original Content writing.
  • Best customer support.
  • Affordable Pricing on orders.
  • Thorough research.
  • Ontime delivery of finished work.
  • 100% plagiarism free papers.

Reasonable Prices

  • To get the best quality papers isn’t cheap so don’t trust extremely low prices.
  • We can’t claim that we have unreasonably low prices because low prices equal to low quality.
  • Our prices are good and they balance with the quality of our work.
  • We have a Moneyback guarantee.

Original and Quality work

  • Our writers are professionals and they write your paper from scratch and we don’t encourage copy pasting.
  • All writers are assessed and they have to pass our standards for them to work with us.
  • Plagiarism is an offence and it’s never tolerated in our company.

Native Writers plus Researchers

  • Our writers are qualified and excellent and will guarantee the best performance in your order.
  • Our team has writers who have master's and PhD qualifications who can handle any assignment
  • We have the best standards in essay writing.

We have been in business for over 7 syears

  • We have always served our customers from all over the world and they have continued to order with us.
  • We value our customers since they have trusted us to do their assignments.
  • We are competent in our writing gained from experience over the years
  • Our company has 24/7 Live Support.

You will get

  •  Custom Admission Essay written by competent professional English writers.
  •  Free revisions according to our revision policy if required
  •  Paper format:  275 words per page, Times New Roman font and size 12, doublespaced text and1 inch margin
  •  On time delivery and direct order download
  •  Privacy guaranteed

We can help you:

  •  acquire a comprehensive professional presentation.
  •  get a unique and remarkable content as per your instructions.
  •  Get an additional portion that can be included to your existing presentation;
  •  turn your work in to an eyecatching presentation with well communicated ideas.
  •  improve your presentation to acquire the best professional standards.