Description of the State of the U.S. Economy
1. Describe the state of the U.S. Economy for the years between 2012 and now in terms of macroeconomic measures discussed in the course . Select ONE of these macroeconomic measures to write about.
2. As you will notice from your data analysis, the economy passes through different phases and turns. Discuss the implications of a given state in terms households, businesses, and the entire society. Share your thoughts as to why it is important for you to understand the different states through which the economy passes.