ECO100 week 7 discussion latest 2018 august

Question # 00592420
Course Code : ECO100
Subject: Economics
Due on: 08/27/2018
Posted On: 08/27/2018 10:31 AM
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Week 7 discussion

"Using the Rate of Inflation to Make a Decision"

In Chapter 4 of The Little Book of Economics, Ip talks about the natural rate of unemployment as the rate of unemployment that will not lead to an acceleration in inflation. Keep this reading in mind as you respond to this week’s discussion questions.

Think about this: If the current unemployment rate is 3.9%, would one expect the rate of inflation to increase or decrease? Explain your answer.

Now you face a wonderful decision. Imagine that you just won a lottery jackpot of $100,000. If you expect inflation to accelerate, should you buy that home you’ve been thinking of now? What would you decide if the rate of inflation is negative?

Reply to a peer and share your opinion about their decision.

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ECO100 week 7 discussion latest 2018 august

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