So now that you have completed a course in macroeconomics, consider what you wou

Question

So now that you have completed a course in macroeconomics, consider what you would do in the following situation;

You are at a party and someone asks you about the state of the economy (American or whatever country you care to consider). How would you answer them? What, based on your educated opinion of not just the material we have covered in class but also current events, do you consider important to our overall economic health and are things getting better or worse? Please use real-world facts (i.e. statistics) to back up your answer.

Explanation / Answer

if you talk of America, industrial output is negative that means there is decline in manufacturing, employment growth is less, means less employment opportunities, and GDP is sluggish, Deficit is huge. this means that the ecomony is in bad condition.

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