Inflation Rate Development | Online Assignment Help

Your task is to write a 3,000-word report addressed to the Board of Directors of Schmeckt Gut in which you address the following: – Do you think you can match the different projections? That is, do you think that a 5% increase in income is associated with a 10% tariff rate and a 2% inflation rate? Explain by linking your discussion to the following concepts: o supply and demand o aggregated demand and aggregated supply o the Philipps Curve, and o the Laffer curve. – What impact would the different predictions of income development, inflation rate development and tariff rate development have on the potential demand of Schmeckt Gut? Conduct a multiple regression analysis using data in the supplied Excel file and then interpret the results. Fully discuss and explain their implications. – Make recommendations as to what the Board of Directors should do under each of your scenarios, based on your matching of the predictions.