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The year is 2035, and the American economy is going through its most serious recession in over 25 years. Gross domestic product is falling, while
The year is 2035, and the American economy is going through its most serious recession in over 25 years. Gross domestic product is falling, while inflation and unemployment are both rising. At the same time, the national debt is approaching $50 trillion. In order to help understand and eventually solve this crisis, you need to address the following:
1. Describe the possible reasons for the rise of unemployment, and analyze some possible strategies that the government could use to help employment recover.
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