Question

I need the create a question regarding macroeconomics.

Create a real or hypothetical question regarding a macroeconomics issue that affects your household or your firm. Below is an example...

An example of a macroeconomics question that could be addressed with positive analysis is:

“What is the impact on the US unemployment rate if the US imposes a 25% tariff on all goods imported from China?”

Answer 1

Question: The consumer price index (CPI) of US is -0.1% in May 2020. How this will influence consumer purchasing decisions?

For example,

US consumer prices fell by the most in more than five years in March and further decreases are likely as the novel coronavirus outbreak suppresses demand for some goods and services, offsetting price increases related to shortages resulting from disruptions to the supply chain.

The Labor Department said on Friday its consumer price index dropped 0.4% last month amid a tumble in the costs of gasoline, hotel accommodation, apparel and airline tickets. That was the biggest drop since January 2015 and followed a 0.1% gain in February. In the 12 months through March, the CPI rose 1.5% after increasing 2.3% in February.

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answered by: anonymous