Principles of Macroeconomics (Maymester 2009)

Activity 6

Name _____________________      Due Day: May 30, Saturday

Briefly describe the current U.S. economy. (Hint: use the current real GDP growth rate, unemployment rate, and inflation rate to draw your conclusion whether the current U.S. economy being in full employment, recession, overheat, or stagflation.)

(10 points)