Expert Answer :Inflation and Government Economic Policies

  

Solved by verified expert:Inflation is a measure of how prices have changed over time. If prices are changing due to inflation, each dollar spent will buy less.In order to answer the questions below, go to the following website: http://www.bls.gov/cpi/Questions: What is inflation? What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy?What is the Consumer Price Index (CPI)? How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.What is the Producer Price Index (PPI)? How has the PPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the PPI for this period and cite your source.What is the Consumer Expenditure Survey (CE)? How has the Survey behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CE for this period and cite your source.What do the measures above tell us about consumer behavior? Have incomes changed enough to offset the inflation since 2000? What can we predict about future inflation?What are the implications of these measures for government economic policies?By the due date assigned, create a Microsoft Word file to collate your answers and submit it to theSubmissions Area.Assignment 2 Grading CriteriaMaximum PointsExplained inflation. Identified the causes of inflation. Explained whether or not inflation is desirable and offered a rationale. Identified ways to control inflation in a market economy.40Explained the Consumer Price Index (CPI). (8 points)Outlined the CPI behavior since the year 2000. (8 points)Identified the causes of the changes in the CPI over this time. (8 points)Provided a graph of the CPI for this period and cited the source. (8 points)32Explained the Producer Price Index (PPI). (8 points.)Outlined the PPI behavior since the year 2000. (8 points)Identified the causes of the changes in the PPI over this time. (8 points)Provided a graph of the PPI for this period and cited the source. (8 points)32Explained the Consumer Expenditure Survey (CE). (7 points)Outlined the CE behavior since the year 2000. (7 points)Identified the causes of the changes in the CE over this time. (7 points)Provided a graph of the CE for this period and cited the source. (7 points)28Explained what the CPI, PPI, and CE measures can tell us about consumer behavior.8Identified changes in income since 2000.4Explained whether or not the changes in income offset the inflation for this period.8Identified viable predictions about future inflation.8Researched impact of CPI, PPI, and CE measures on the economy. Discussed the implications of these measures for government economic policies.20Style (4 points): Tone, audience, and word choice.Usage and Mechanics (4 points): Grammar, spelling, and sentence structure.APA Elements (12 points): In text citations and references, paraphrasing, and appropriate use of quotations and other elements of style.20Total:200

Don't use plagiarized sources. Get Your Custom Essay on
Expert Answer :Inflation and Government Economic Policies
Just from $10/Page
Order Essay
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 30% with the discount code ESSAYSHELP