Question
There are 4 key pillars to our economy: Economic Growth, Full Employment, Controlled inflation, and Stability. Using the available data, your course work and your
There are 4 key "pillars" to our economy: Economic Growth, Full Employment, Controlled inflation, and Stability. Using the available data, your course work and your knowledge of events mentioned in the course, please answer the following question.
What prognosis might you envision about the US economy at some point in the near future? What will the economy look like in six months or so and why do you say that?
For example:
Will be in a recession? Why? How do we get out?
What will job growth look like? Slow or no economic growth?
What happens if another wave of Covid hits or monkeypox or some new strain occurs?
Will the Fed need to continue to raise interest rates? Lower interest rates? Do nothing? Why?
To what degree will your future economy be shaped by current events? Political impact? Tariffs? Slow global growth rates? Entire national economies going bankrupt?
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