Great Deal! Get Instant $25 FREE in Account on First Order + 10% Cashback on Every Order Order Now

The objective of this assignment is to have you to find and evaluate an opinion piece (editorial) on a recent policy or economic concern that has been discussed in the class (since Exam 2). The most...

1 answer below »
The objective of this assignment is to have you to find and evaluate an opinion piece (editorial) on a recent policy or economic concern that has been discussed in the class (since Exam 2). The most promising topics are:
• Opinions and policies on inflation
• Opinions and policies on unemployment
• The Impacts of Fiscal &/or Monetary policies. Hint: Can they prevent recessions for instance?
• Identity and its impact on wages and socioeconomic interactions. If you go this route, simply provide a 2-paged summary of one chapter from the book (see PDF file version of the Identity Economics book on canvas).
I would like you to:
1) Find a recent (past two years) editorial or opinion piece on the issue;
2) Evaluate the arguments put forward in the piece based on:
a. Your understanding of the issue based on ECO 101
b. Evidence related to the issue (data in table or figure) from some published source
c. Do you believe the editorial is correct on the economics of the issue?
i. Provide an explanation based on your understanding from ECO 101.
ii. Do the data you have found support or refute the argument
The assignment consists of a written component. Where applicable a figure is recommended (you create) and the figures/tables you have found to support your arguments. The written component should be 2 pages (12 pt Times New Roman, Double-spaced, 1” margins).
Answered Same DayDec 07, 2021

Solution

Komalavalli answered on Dec 11 2021
54 Votes
5
Q1) Lots of Job Hunting, but No Job, Despite Low Unemployment and The Fed’s View on Inflation Is Quietly Shifting. Here’s Why, Job Market Shows Resilience, Quieting Recession Fears these are the editorial or opinion piece that I have chosen for the study.
Q2) a)My understanding of the article is that people those who face laid off during the recession period are unable to get back to their full time job , they are now either a unemployed who are actively looking for a job or employed in part time jobs. People who are having part time jobs were neither included in employed nor unemployed category. These people also lacks in income in order to face their daily expenditures. The unemployment rate was close to 3.5%, Employers have added an average of 17600 jobs which is low compared to the same period of previous year. Manufacturing output has fallen down dramatically and there is a decrease in business investment. Stock prices were rose which attracts more return seeking investor and would result in bu
le in the stock market similar to the bu
le that had happened in 2008.Overall the...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here