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 4-6 sentence paragraph to justify your claim. Be sure to use an application such as Grammarly to ensure there are no grammatical or punctuation errors. Be sure, not to plagiarize, this will result in an automatic 0.
