Problem
Part 1
• Excel file with Inflation, GDP real, and Unemployment US from 2010 to 2020 (forecast). Add a graph that shows the trend for each indicator in the last ten years?
Using your own words, explain the graphs above. (Discussion post should equal a minimum one full page paper).
Part 2
Answer the following:
• Explain how does a large increase in inflation affects consumers? Give an example.
• If inflation is less than expected, who benefits debtors or creditors? Explain.
• If there's a deflationary period, people delay purchases or increase purchases, and why?