According to the National Bureau of Economic Research the last

Question # 00263188 Posted By: neil2103 Updated on: 04/27/2016 09:21 AM Due on: 04/26/2016
Subject Accounting Topic Accounting Tutorials:
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*Once you are done discussing please submit your one-page group memo
regarding the question below to the assignment drop box.*


Your discussion question is as follows:

According to the National Bureau of Economic Research the last recession
began in December 2007 and ended in the second quarter of 2009.

Choose a U.S. corporation and explain how the changes in real output in the
economy (GDP), inflation and interest rates affected the company during the
recession. Begin your memo by very briefly describing what goods and
services the company sells. Be sure to include a text table at the end of
the memo with the above mentioned indicators and make reference to them in
the text of the memo (the text table is not included in the word count for
the memo, include several years, for example 2006 - 2010).

*NOTE*: The Company you choose and the industry that it operates in will
determine how it would be affected by fluctuations in GDP and the other
macroeconomic factors.

Sources of information (see attached documents):

 - GDP tables by expenditure category: Bureau of Economic Analysis, U.S.
 Department of Commerce: www.bea.gov.
 - Unemployment rate and inflation CPI: U.S. Bureau of Labor: www.bls.gov
 - Interest rates: Federal Reserve Bank: www.federalreserve.gov
 - BEA - GDP November 2013 : Selected NIPA Tables
 <https://fiu.blackboard.com/bbcswebdav/pid-4586703-dt-content-rid-43674814_1/xid-43674814_1>

 - Impact of Recession Grinding the Numbers: Excel File
 <https://fiu.blackboard.com/bbcswebdav/pid-4586703-dt-content-rid-43674815_1/xid-43674815_1>
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