How Inflation Affects Macroeconomic Performance And Factors?

timer Asked: Mar 29th, 2019
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Question Description

Lester Scholl's administrative assistant calls you on Monday afternoon to set up a conference call between you and the chairman tomorrow morning to discuss the board's reaction to your list and to discuss your next task. You call the number she gave you, and Lester joins the call shortly after.

"I'm pleased with your work," he says. The board was impressed with your list of factors. Your ranking made sense because your explanations were well-written. I suspect they read everything you sent because it was concise and clear. Good job."

"Thanks," you say, and you feel relieved that your first assignment was well-received.

"Your list provided the basis for a good conversation about the manufacturing operations," he says. "We want to know more about the economy of both countries to further inform our decision-making process."

"That makes sense," you say. "The United States and South Korea hold many distinct economic factors that may affect AutoEdge’s long-term financial performance."

"Right," he says. "Your research on the two economies will give the board enough information so we can advise the new, incoming CEO."

"What should my research include?" you ask.

"In your research, you must take into consideration several macroeconomic factors," he says. "We want to see information about the gross domestic product (GDP), unemployment, interest rates, and inflation for both the United States and South Korea. Make sure your research is current; that is, no more than 6 months old."

"I'll get started right away," you say.

"Very good," he says. "Let me know if you have any questions, and I'll put you in touch with some of the other members of the board if I can't provide the answers you need."

"Great," you say. "Thank you."

Tutor Answer

School: Purdue University



Macroeconomic Factors
Student’s Name




The value of goods and services that a country produces within a given year is the Gross
Domestic Product (GDP). A nation’s Gross Domestic Product at an exchange rate that is official
is the currency that the country uses yearly. Gross domestic product figure and is divided by the
mutual average United States rates of exchange with the specific countries in the same year.
Computing measure is easy and it provides the exact scale of the result value. The disadvantages
to the transfer rates can be shuffled causing assertions of the nation having overvalued money or
undervalued it and it does not display, or it is not the same to an exchange rate that is determined
by the market.
The rate of market transfers is founded by a minimum set of products that do not record the price
of a bigger set of goods that are produced. However, the gross domestic product converted by
official exchange rates is not suitable for comparing the trends over a period of time because the
increase and decrease of value of products over the year will make the official exchange rate
value to increase or reduce even if the denomination of the current country’s gross domestic
product had changed (CIA, 2013). Purchasing power parity transfer rates are the gross price of
all products that are found in the nation if the products are valued at the dominating costs during
the year. This scale is usually used when proportionate aid is looked at, confirming the usage of
resources across dif...

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Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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