US Inflation Rate Forecast Microeconomics Discussion Help

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Ybylzbaebr123

Business Finance

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textbook. 4. Will the future (for instance, 3 years from now) be more promising or otherwise for the existing unemployed? Why or why not? Option 3 While thinking about what you learned in Chapter 23 in your textbook, go to the Historical Inflati Rates: 1914-2015 page of the U.S. Inflation Calculator website and find the inflation data for the last 3 years Write a new thread in which you respond to the following prompts: 1. What are your thoughts about the current state of the economy in terms of the historical inflation data for the last 3 years? Discuss either the effects or the types of inflation. 2. Is demand-pull inflation or cost-push inflation or both at play? Explain with examples. 3. Will the future (for instance, 3 years from now) lead to higher inflation rates or lower? Why or why not? 4. Will the future (for instance, 3 years from now) be more promising or otherwise for the existing unemployed? Why or why not? View Discussion Rubric
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Running head: BUSINESS

US INFLATION RATE FORECAST
NAME
COURSE
INSTITUTION
DATE

BUSINESS
US inflation rate forecast
Currently, the US economy is experiencing an increased inflation rate. The two major
types of inflation experienced include cost-push inflation and demand-pull inflation. Important to
note, the increase in the inflation rate is particularly engineered by the ultimate of energy prices
(Bec & De Gaye, 2016). Gasoline is one of the energy product whose price is on the rise. This
means that prices for various commodities and services in the market will skyrocket due to
increased production cost.
The US economy is experiencing cost-push inflation and demand-pull inflation due to the
decrease in the supply of goods and se...


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