Use the templates provided as an attachment to this order.
Prepare a 2–3 page final report in which you examine one of the macroeconomic variables below:
o Real Gross Domestic Product (GDP).
o The unemployment rate.
o The inflation rate.
Instructions
Choose an industry that interests you. (Remember, an industry is not a company. An industry is a group of companies doing the same thing. Ford is a company. Automobile manufacturing is an industry.)
1. Do research on your industry. In a few short paragraphs, describe your selected industry.
1. Identify the goods and/or services the industry provides.
2. Identify some of the major companies in this industry.
3. Add anything else about the industry that you think is interesting.
4. Keep track of your sources by copying their Internet addresses (URLs). You can paste these URLs at the end of your paper as your references.
5. NO PLAGIARISM
2. Select one of three macroeconomic variables (real GDP, the unemployment rate, or the inflation rate) that a businessperson in your chosen industry should monitor and explain why that variable is important and how it might have an impact on your selected industry.
3. Describe in a sentence or two the important movements of the variable in the table and graph.
1. Excel tables and graphs are attached for each of the three macroeconomic variables (real GDP, the unemployment rate, and the inflation rate).
2. Review the Excel table and graph for the macroeconomic variable that you chose.
4. Summarize how you think this industry will perform in the future.
1. Be sure to provide support for your prediction of this future industry performance.
5. Your report should include a minimum of two references/citations in the text.
6. Lastly, on the last page, please respond to the following questions in at least 225 words:
1. The Federal Reserve Bank (“the Fed”) is the central bank of the United States. One of its jobs is to manage the money supply. Sometimes it increases the money supply. Sometimes it decreases the money supply. Name at least one action that the Fed could take to reduce the money supply and raise interest rates.
2. Given our current economy, would you recommend that the Fed reduce the money supply and raise interest rates, or expand the money supply and lower interest rates? Please explain.
3. When the United States puts tariffs on imports, who do you think ultimately pays these tariffs? Is it the foreign companies selling the import, American consumers, or both? Explain your answer. Is it good or bad for American consumers when the United States puts tariffs on imports?
4. Identify and explain three risks to small businesses that are caused by personnel issues. How would you manage each risk?
