Problem
1. Suppose that stock prices were to fall by 10 percent in the stock market. All else equal, would the lower stock prices be likely to cause a decrease in real GDP? How might they predict a decline in real GDP?
2. WHAT IS THE CURRENT U.S. UNEMPLOYMENT RATE? Visit the Bureau of Labor Statistics Web Site, and select Employment Situation Summary. What month (and year) is summarized? What was the unemployment rate for that month? How does that rate compare with the rate in the previous month? What were the unemployment rates for adult men, adult women, teenagers, blacks, Hispanics, and whites? How did these rates compare with those a month earlier?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.