FSU Week 4 Impact of Unemployment Us Population Group Answers

Your Assignment 4 relates to chapters 7 (Unemployment and Inflation), and 11 (Fiscal Policy) respectively. You will be answering questions related to Unemployment, the impacts of Inflation and Fiscal Policy.

Your assignment is worth 6 pts, and each of the questions must have at least a half of page of writing

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In addition your answers must prescribe to APA format.. You must submit a cover page, each question in a page by itself, and your references page must be also in a page by itself. And, please do not forget to reference your in-text. Lastly in order to obtain your max points your work must be original

Answer the following questions:

– Does the overall unemployment rate offer and accurate picture of the impact of unemployment on each U.S. population group?

– If actual inflation exceeds anticipated inflation, who will lose purchasing power and who will gain?

– What did classical economists assume about the flexibility of prices, wages, and interest rates? What disagreements did Keynes have with classical economists?

– What effect did the financial crisis of 2008 have on the federal budget deficit?

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