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Topic: |
Business
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Number of pages / Number of words: |
7 / 1728 |
Essay's paper body
The Mortgage industry does not want to see a higher GDP; this might induce the FED to begin tightening the money supply. This would cause an increase in interest rates making mortgages more expensive and as a result reducing the profit potential of the industry.
The Consumer Price Index
The consumer price index measures the changes in costs for consumers...
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Note again the sharp spike downward in 2001. This is a reflection of 911 and consumers reducing spending. Clearly, this is a direct measure of the effectiveness of this terrorist act on America.
Chart 2.0. Consumer Price Index ? Past performance and future forecasts
The forecasts all predict lower price increases in the next two years (Chart 2...
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