Macroeconomics Essay Questions. Response Need Immediately.
I am trying to write a 3-4 page essay, and would like help with the following questions:
What phase of the business cycle is the United States currently in? Describe in detail. What is the latest GDP (both real and nominal) of the US? How has the GDP changed since the year 2007? What are economists predicting for the current year? What are some events that have occurred, or will soon be resolved that likely will affect the economy in 2011?
I've started on the paper, but am kind of stuck and could really use some guidance. If anyone can offer their assistance, I'd really appreciate it. I need detailed responses, please.