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Explain what the above data reveals about economic conditions and thoroughly explain how EITHER fiscal policy oA monetary policy could be used in response. What

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Explain what the above data reveals about economic conditions and thoroughly explain how EITHER fiscal policy oA monetary policy could be used in response. What type of gap is the economy in and what type of policy would be appropriate for this gap? What specific method could be used? What would the policy be trying to achieve for the above goals? You may use a graph to assist your explanation if you want. Drawing from your learning from this course, thoroughly explain at least one argument that could be made in opposition to the policy response you explained. What kind of problems in other areas of the economy could arise if the policy was implemented? Given both the policy and arguments against the policy you have explored, would you support the usage of this policy in this situation? Thoroughly explain why or why not

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