Problem
You are to research the United States economy and determine if the present unemployment rate is greater than, equal to, or less than the natural rate of unemployment. From this, determine if the economy is in recession, expansion, or in long-run equilibrium. You can find reputable data on the FRED (St. Louis Federal Reserve) website. You will need to justify your claim by reviewing U.S.A. data and utilizing the material already covered in this course. You are to write a 4 to 6 sentence paragraph to justify your claim.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.