The Short-Run and Long-Run Relationship Between Unemployment and Inflation
| Style | APA |
| Number of words | 2260 |
| Number of sources | 0 |
| Spacing | Double |
| PowerPoint slides | 0 |
I’m working on a macroeconomics writing question and need a sample draft to help me learn.
Evaluate the historical relationship between unemployment and inflation. (hint: You may start from A.W. Phillips’s finding of the relationship between unemployment and inflation.)
Distinguish between the short-run and the long-run in macroeconomic analysis. Why is the relationship between unemployment and inflation different in the short-run and the long-run?
Assess the recent 20-year U.S. unemployment and inflation data. Do the current U.S. unemployment and inflation data confirm the short-run Phillips curve?
Analyze why the recent 20-year U.S. unemployment and inflation data approves or disproves the short-run Phillips curve.
Evaluate whether the Phillips curve can still validly resolve today’s issue of unemployment and inflation and forecast unemployment and inflation. Why or why not?
Recommend any policy, method, or opinions for the current U.S. unemployment and inflation as a policymaker for either fiscal policy or monetary policy (or both).
.doc fileHi I need 5 scholarly sources you will find the ones I chose below.
Is the Phillips Curve Still Alive?: Library OneSearch (ashford.edu)
A.W. Phillips and His Curve: Stabilisation Policies, Inflation Expectations…: Library OneSearch (ashford.edu)
ProQuest Ebook Central – Reader (ashford.edu)
Economic activity and inflation.: Library OneSearch (ashford.edu)
CPS charts on employment and unemployment (bls.gov)
Image preview for”evaluate the historical relationship between unemployment and inflation.”
