ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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1. Using the Bureau of Economic Analysis (BEA) data for GDP growth rates: A. Add a chart with each of the 2020, 2021, and 2022 quarters B. What can we tell about the past two-plus years in our economy? 2. The NBER is responsible for officially announcing that our economy is in a recession and the important dates regarding a recession if we were in a recession. A. Does the NBER currently say that we are in a Recession? B. What is their reasoning? C. What problem can exist with their method for dating recessions? Note: This essay should be between 350-600 words (You will not be penalized for going over 600 words) and is due by 11:59 PM on Sunday 2/26. See page 12 of the syllabus for the essay rubric.
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Transcribed Image Text:1. Using the Bureau of Economic Analysis (BEA) data for GDP growth rates: A. Add a chart with each of the 2020, 2021, and 2022 quarters B. What can we tell about the past two-plus years in our economy? 2. The NBER is responsible for officially announcing that our economy is in a recession and the important dates regarding a recession if we were in a recession. A. Does the NBER currently say that we are in a Recession? B. What is their reasoning? C. What problem can exist with their method for dating recessions? Note: This essay should be between 350-600 words (You will not be penalized for going over 600 words) and is due by 11:59 PM on Sunday 2/26. See page 12 of the syllabus for the essay rubric.
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