Write a research paper on any ONE topic below. You should do an extensive research using different economic data sources such as Bureau of Labor Statistics (BLS), National Bureau of Economic Research, Bureau of Economic Analysis, Congressional Budget Office, CIA, Federal Reserve Bank, U.S. Census Bureau, OECD, International Monetary Fund, World Bank, Wall Street Journal, New York Times, and other.• unemployment• GDP• poverty• taxes• economic growth• inflation• the quantity theory of money etc.If you are undecided, you can pick a topic proposed by me on the quantity theory of money:The quantity theory of money is a powerful framework for organizing thoughts aboutinflation. Whenever inflation is high, commentators in that nation invariably blameinflation on other factors, such as commodity prices, wages, or taxes. While various factorscan play a role in price level fluctuations in the shorter term, ultimately the money growthrate is the key determinant of inflation rates over a longer time horizon. As the greateconomist Milton Friedman said, “Inflation is always and everywhere a monetaryphenomenon” – this means that inflation in our economy can always ultimately be tracedback to the actions of the Federal Reserve. Gather data about a highly inflationary economy,such as Zimbabwe, over a decade or so. Your research will reinforce the quantity theory relationship between money growth, growth in real GDP, and the inflation rate.Include References at the bottom of the paper, use MLA format. Two-page essay should be double spaced, and in 12-point Times New Roman fonts.
