Sunday, August 9, 2009

Macroeconomics help?

I have an assignment



I am given gdp unemployment rate and inflation in numbers



I don%26#039;t know what to do next it says



using the as-ad model illustrate an economy that is in long run equilibrium .



on your diagram illustrate economic growth show or state what happens to gdp and the price level



on a new diagram illustrate a short run equilibrium with a recessionary gap.



I am doing the united states so



gdp:13.86 trillion



unemployment 4.6%



inflation 2.7%



Now I don%26#039;t know what to do with these numbers please help me.



p.s Don%26#039;t tell me I have to make a graph I%26#039;m not that dumb I need to know where they go and a simple plan on what I am to do.



Macroeconomics help?no fax loan





Oh man. Im sorry lol



I had 2 do the same exact thing last year in high skool in Economics. Both micro %26amp; macro.



I sucked at it tho.



It was sooo confusing!!



So i know where youre coming from.



Dont u have a textbook for the class??



Inside it Shud have the steps to do the graph.

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