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thank you in advance! The Employment data for the United States' economy is: Population 16 years of age and older: 250,000,000 Participation Rate: 60% Number

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The Employment data for the United States' economy is: Population 16 years of age and older: 250,000,000 Participation Rate: 60% Number of People actively seeking work: 12,000,000 Number of Discouraged Workers: 300,000 Full-Employment unemployment rate: 4.0% Additional Economic Data: Target Inflation Rate: 2.0% Current Inflation Rate: 1.8% Gross Domestic Product has been growing at about 2.6% annuallyr for the last 5 years but growth has slowed to 0% in the last two months. What problemls) is the economy facing? Explain and Show Calculations Is the problem (or problems) you identified in Question 1 serious enough that Government should take action? Explain If Government did take action using taxes as the tool, how should taxes be changed? Explain the changes In taxes as well as the impact the changes would have on the problem you Identified in Question 1. If Government did take action using government spending as the tool, how should spending change? Explain the changes In spending as well as the Impact the changes would have on the problem you Identified In Question 1. Would a change in taxes or a change in spending be the more effective tool to use to solve the problem? Explain What could cause the policy to be less effective than anticipated? Explain

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