For this module, please review the list of research topic options attached below

For this module, please review the list of research topic options attached below. Research the topic associated with the first letter of your last name. Prepare a brief report (1–2 pages) that you will submit by the end of this module. You’ll also discuss your findings with your classmates in Module 8.
Research data:
The Federal Reserve Bank of St. Louis maintains economic data in a system called Federal
Reserve Economic Data or FRED. This web site is located at
http://research.stlouisfed.org/fred2/. Please explore this web site; it contains a wealth of
economic data on the economy, interest rates, and banking. Most of the research projects will
require data that is available from this website where you can either copy a graph that you create
or download data to Excel for further analysis.
Go to the FRED database at the Federal Reserve Bank of St. Louis Web site. Register to set up
your own account. Doing so will allow you to save and update graphs, alter them for submitting
assignments and making presentations, and receive a notice whenever the data is updated.
To keep inflation low and steady, central banks would like to keep output
reasonably close to its potential level, but can they anticipate changes in potential GDP? Plot
since 1960 the percent change from a year ago of the Congressional Budget Office’s estimate of
potential GDP (FRED code: GDPPOT). Suppose that the FOMC assumed that the growth rate of
potential GDP remained permanently at its 1960s average. What would you expect to happen to
inflation? Why?
Go to the
FRED database at the Federal Res
erve Bank of St. Louis Web site
. Register to set
up
your own account. Doing so will allow you to save and update graphs, alter them for submitting
assignments and making presentations, and receive a notice whenever the data is updated.