Short-run trade-off between inflation and unemployment


Assignment:

Select an organization your team is familiar with or an organization where a team member currently works.

Create a 15 to 20-slide Microsoft PowerPoint presentation that will be presented to the organization's Executive Committee. The presentation should cover the following items:

Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.

· Explain economic fluctuations and how shifts in either aggregate demand or aggregate supply can cause booms and recessions using the model of aggregate demand and aggregate supply.

· Explain how monetary policy affects interest rates and aggregate demand.

· Analyze how fiscal policy affects interest rates and aggregate demand.

· Evaluate why policymakers face a short-run trade-off between inflation and unemployment.

· Evaluate why the inflation-unemployment trade-off disappears in the long run.

Cite a minimum of 3 peer-reviewed sources not including your textbook.

Format consistent with APA guidelines.

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Business Management: Short-run trade-off between inflation and unemployment
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