 Explain why the problem or topic written about in the article is important in the study of economics. This article is important to the study of economics because economics deals with the management of the income, supplies, and expenses of a household, community, government, or other group or organizations. And if management of these things are not regulated inflation will occur or it will not be able to support itself and might fall into a …showed first 75 words of 360 total…

…showed last 75 words of 360 total…a point.  Federal Reserve officials have stressed repeatedly in recent weeks that they consider the economy to be in a time of surprise and uncertainly based on incoming data, so in order to tame the economy they have to raise interest rates so inflation will not occur. Name: The Wall Street Journal Issue: May 17, 2000 Title: Fed Boosts Rates by One-Half Point, Warns That the economy Isn’t Slowing Author: Jacob H. Schlesinger Pages: A2 & A6