Non-durables, Durables, Services; Consumption
Order ID: 89JHGSJE83839 Style: APA/MLA/Harvard/Chicago Pages: 5-10 Instructions:
Question Description
In this box you will analyze the cyclical properties of household expenditure: non-durable goods, durable goods, and services. That is, how they correlate with the business cycle and whether there is the smoothing behavior predicted by the theory and observed in the aggregate consumption series. Reveal the mastering of the material by your creating a write-up for a third person in a professional research brief or in the style of a newsletter that companies usually provide to their clients. **1500 words double spaced.Get the following quarterly series from the St. Louis Federal Reserve Bank FRED database from 1999 onwards:
– Real Personal Consumption Expenditures: Nondurable Goods
– Real Personal Consumption Expenditures: Durable Goods
– Real Personal Consumption Expenditures: Services
– Real Gross Domestic Product
These series are in levels (i.e. in dollars), so calculate their quarterly growth rate (percentage change from quarter to quarter) and plot each of the first three series separately against real GDP.
What features do you observe? How do they compare to aggregate consumption (Real Personal Consumption Expenditures)? From a firms perspective, why are these patterns important?
This article came out in last week’s The Economist can help gain another perspective on the idea of the box.
https://www.economist.com/news/finance-and-economics/21731391-there-are-better-motivations-tax-overhauls-boosting-growth-what (Links to an external site.)Links to an external site.
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
You Can Also Place the Order at www.collegepaper.us/orders/ordernow or www.crucialessay.com/orders/ordernow Non-durables, Durables, Services; Consumption
Non-durables, Durables, Services; Consumption