Help with macroeconomic
Part II – Unemployment vs. Inflation
Using an Internet resource, such as the ;CIA World Fact Book ;or ;Trading Economics ;search for the current ;unemployment ;and ;inflation ;rates for the U.S., China, Canada and the United Kingdom.
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- According to this week’s lecture, there are two types of inflation (demand pull and cost push). Which countries are experiencing a demand pull inflation? Which countries are experiencing a cost push inflation? You may need to complete additional research to determine the inflation type for each country.
- What correlation, if any, exists between the unemployment and inflation rates of the above countries?
Need page and half with reference