35487 Assume the United States has a potential GDP of approximately $18 trillion. Use economic indicators from the last eight quarters to make a determination about the state of the economy, whether the U.S is in a recession, expansion or macroeconomic equilibrium. You must explain and support your answer with information you have researched and learned during the semester. Any research that is u sed must be cited in the paper. This information should include the following: Real GDP Unemployment rate Labor Participation rate Inflation rate Part Two: Draw an AD/AS graph showing the economic situation you have stated in Part One. Be sure to include the Potential GDP ( Long run As) curve on the graph. The graph should be clearly labeled. Include a paragraph which describes the graph. Bar graphs, circle graphs and the PPF are not appropriate graphs for this part. For examples, look in chapter 13 and 15 of the textbook. The graph maybe hand drawn, however, rulers should be used. Failure to do so will result in deduction of points
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we\'ll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.