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Given the data in the accompanying table, would you say that this economy is heading for a boom or for a recession? Explain your choice.

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Given the data in the accompanying table, would you say that this economy is heading for a boom or for a recession? Explain your choice. January February March April 3-month Treasury- bill 1.00% 1.05% 1.10% 1.20% 1.25% 10-year Treasury bond 3.0% 3.2% 3.5% 3.7% 3.8% Baa corporate 10-year bond 6.0% 6.2% 6.5% 6.7% 6.8% May

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