ECO 372 Week 1 DQ 2

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Identify economic factors that affect the real GDP, the unemployment rate, the inflation rate, and a key interest rate. How do you predict the economy will perform in the next two years given the current state of two of the economic factors you identified? How might your organization be affected by these changes?

Response :
Real GDP measures market activity, and it is adjusted to reflect increases from inflation. Real GDP is affected by the unemployment rate. The unemployment rate is the percentage of people in an economy who are able to work but are not working. Business cycles and growth are related to unemployment in the United States’ economy.
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