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Econ 209: Principles Of Macroeconomics

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Nick Rhodes
Econ 209: Principles of Macroeconomics
November 11, 2017
Homework #1
1. Economic Concepts and Issues
a. Wage Growth Increase
b. Janet Yellen’s Job Security and The Fed Funds Rate
c. Donald Trump’s Border Tax
2. How the Economy will be effected and how these issues will be addressed.
a. For the first time since 2009 the wage growth is growing faster than it ever has showing promise for President-elect Donald Trump and the labor market. Ever since the recession the economy has been struggling to decrease the unemployment rate but for the first time in 2016 American had a 2 million job gain. Although this was great news there was little if any wage increases. Now in the last month of December the wage growth has increased by 10 cents

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