Assignment: The State of the Macro Economy
Here is a view of an economy over a 5 year period, showing changes in GDP Growth, Inflation and Unemployment.
In a Word document (double-spaced, 12-point font, 1" margins, 300 to 500 words) address the state of the economy over this time and especially in the final year shown. What do you expect will happen in subsequent years?
You may not have the exact answers, but you can certainly explore the ideas given what you know from the text and the class. I am mostly interested in your learning and iterative thinking about how changes in one economic indicator impacts other economic events and effects the overall state of our economy.