Problem
The next time the US economy returns to full employment, what factors will determine how much longer it will take for the next recession to develop? (Note: there is no ‘‘right'' answer to this question; the idea is to organize your thoughts to explain under what circumstances a recession based on higher inflation and higher interest rates would occur, a recession based on excess capacity would occur, or no recession at all would occur.)
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.