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1. Is inflation: High, Moderate, or Low? 2. Is unemployment: High, Moderate or L

ID: 1168117 • Letter: 1

Question

1. Is inflation: High, Moderate, or Low?

2. Is unemployment: High, Moderate or Low; what is the unemployment rate?

3. Are interest rates: High, Moderate, or Low?

4. Is the economy in: Growth, Stagnation, or Recession?

5. When was our most recent past recession and what caused it?

6. What one individual has the most influence over our economy and what is that person's name?

1. Is inflation: High, Moderate, or Low?

2. Is unemployment: High, Moderate or Low; what is the unemployment rate?

3. Are interest rates: High, Moderate, or Low?

4. Is the economy in: Growth, Stagnation, or Recession?

5. When was our most recent past recession and what caused it?

6. What one individual has the most influence over our economy and what is that person's name?

Explanation / Answer

High High Moderate Stagnation 2009 (Housing bubble burst) Ben Bernanke, Chairman of Federal reserve