Write a term paper describing the current state of the economy. Define the three main macroeconomic variables. State their current values by going to the government web sites where they are published. Evaluate these using course discussed material to determine the current state of the economy using the aggregate expenditure (AE) model. Recommend appropriate fiscal policy to return the economy to long run equilibrium. U.S. Department of Labor Bureau of Labor Statistics, Inflation, unemployment http://www.bls.gov/ U.S. Department of Commerce, Bureau of Economic Analysis Gross Domestic Product, http://www.bea.doc.gov/
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