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Must use current data! I do not need a response until later this week, so take your time. In addition, I will be using your information as reference only. I will not plagiarize. Thank you for your help! Research the current value of the following economic indicators:
1. GDP 2. CPI 3. Nonfarm payroll employment 4. Industrial production/capacity utilization 5. Advance report on durable goods shipments, new orders, and unfilled orders 6. Housing starts 7. Retail sales 8. S&P 500 Stock Index
Based on your research, write a paper of 500-750 words that addresses the following:
1. Analyze the current macroeconomic situation. 2. Discuss expectations of changes in economic, financial, and international conditions in the near future. 3. Identify any economic issues of special concern. 4. Recommend whether the FOMC should raise, lower, or keep short-term interest rates the same.
The economic data required for this assignment can be found on the Federal Reserve Bank of New York website
One of our clients is a major homebuilder in the Midwest. This company believes that sales of their new homes are highly correlated with business cycles in the overall US economy.
assuming that B=0.33 Y1998=[0.33]Y1998 Estimate the permanent income for 1998
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Because the structure of the personal income tax is progressive, a larger share of income is taxed at higher rates as real income increases. Therefore, economic growth automaticall
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