Reference no: EM131221642
From the text Web site, follow the link to the site of the Federal Reserve Bank of St. Louis; also, see the "Guide to St. Louis Fed Data." Get annual data on the inflation rate, the interest rate on 3-month Treasury bills, and the unemployment rate.
a. According to the AE curve and Okun's law, what is the relationship between the real interest rate and unemployment?
b. Using data from 1960 to the present, plot the unemployment rate against the real interest rate, defined as the nominal T-bill rate minus inflation. In other words, make a graph with the unemployment rate on one axis, the real interest rate on the other, and a point for each year. What relationship, if any, do you see?
c. Are the relationships in parts (a) and (b) similar or different? If they are different, try to explain why. Do the results in (b) show that our theory about the AE curve is wrong?
Creates a vast economic bloc
: With whom is the United States involved in an agreement which creates a vast economic bloc?
|
How can a clustering algorithm be modified
: additional user-specified constraints such as that each ATM should serve at least 10,000 households. How can a clustering algorithm such as k-means be modified for quality clustering under both constraints?
|
Determining the strategic plan
: Proper APA format with headers, in-text references, reference page, 1' margins. Executive Summary
|
Explain the ways that illness affects food acceptance
: Identify some common problems in the nutritional status of individuals in the United States. Explain the ways that illness affects food acceptance. Identify the dietary patterns of some ethnic, cultural, and religious groups in the United States
|
Relationship between the real interest rate and unemployment
: According to the AE curve and Okun's law, what is the relationship between the real interest rate and unemployment?
|
Do the data for 2010 fit okuns law
: Do the data for 2010 fit Okun's law? - Do the data for 2010 fit the unemployment Phillips curve? - If you find deviations from Okun's law or the Phillips curve in 2010, what might explain the deviations?
|
Explain why this is a special case of fuzzy clustering
: Traditional clustering methods are rigid in that they require each object to belong exclusively to only one cluster. Explain why this is a special case of fuzzy clustering. You may use k-means as an example.
|
What about for even higher-dimensional data
: Human eyes are fast and effective at judging the quality of clustering methods for 2-D data. Can you design a data visualization method that may help humans visualize data clusters and judge the clustering quality for 3-D data? What about for even..
|
What is inflation in 2023
: The data in Figure suggest an unemployment coefficient of approximately -1.0 in the Phillips curve; - What is inflation in 2023.
|