You are a macro policy maker for the cea council of, Business Economics

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You are a macro policy maker for the cea council of

You are a macro policy maker for the CEA (Council of Economic Advisors). You have experience with the Congress (Fiscal Policy).

These are Current BLS and BEA statistics on the United States Economic situation:

*Real Gross Domestic Product (in billions of 2005 dollars) $12,000 RGDP a year ago $13,000

*CPI (Consumer Price Index) 200 CPI a year ago 190

*Unemployment Rate 10.5% Unemployment Rate a year ago 7.0%

What is the major economic problem for the United States?

What are your Fiscal Policy goals?

What Fiscal Policy would you consider appropriate? Why?

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