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Purpose of Assignment Week 3 will help students develop an understanding of what money is
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costs uop investment savings Eco372 Principles of Macroeconomics real interest rates what forms money takes how the banking system helps create money and how the Federal Reserve controls the quantity of money. Students will learn how the quantity of money affects inflation and interest rates in the and production and employment in the short run. Students will find that in the long run there is a strong relationship between the growth rate of money and inflation. Students will review the basic concepts macroeconomists use to study op 100-word economic outlook forecast that includes the following: Analyze the history of changes in GDP and unemployment and compare to forecast for the next five years. Discuss how government policies can influence economic growth. Analyze how monetary inflation rates and other real or nominal variables. Describe how trade deficits or surpluses can influence the growth of productivity and GDP. Discuss the importance based on your above findings costs uop