Assignment Bus Intro, business and finance homework help
Do internet research and find the answers from a reputable website to the following questions. CNN, Bloomberg, NPR, Wall Street Journal and the New York Times are all reputable sources. Do not use Wikipedia as a source although you may use it to quickly learn about a topic. Be sure to include a link to your source so that the information can be verified. Only use current information from the past month. The answer to each question should be between 150 and 250 words (too short or too long answers will have points deducted).
- An important goal of all economies is to make jobs available to everyone who wants one. Based on your internet research from a reliable source:
- Is the current level of unemployment rising or falling?
- What do economists expect will happen to unemployment rates in the near future?
- Is the current level of unemployment a burden or an asset to the economy? In what ways?
- Do you remember the first dollar you earned? Maybe you earned it delivering newspapers, shoveling snow, mowing lawns, or babysitting. How much do you think that dollar is worth today? Go to the WestEgg site at http://www.westegg.com/inflation (Links to an external site.) and find the answer to this question. After determining the current value of your first dollar, explain how the calculator was created. (Hint: Apply what you know about CPI.)