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Economics assignment.

Instructions

This table shows U.S. economic indicators for a five-year period. All variables are measured in percent.

U.S. Economic Indicators for a Five Year Period

GDP Growth

Inflation

Unemployment

2.5

2.1

5.6

3.7

1.9

5.4

4.5

1.8

4.9

4.4

1.1

4.5

4.8

1.5

4.2

How would you characterize the state of the economy over this time period and especially in the final year shown? What do you expect will happen in subsequent years? Please explain your reasoning in detail.

Grading Rubric

Criteria

Not Evident

0%

Developing

55%

Proficient

80%

Distinguished

100%

Weight

Assess the state of the economy based on the data for the GDP Growth indicator

25

Assess the state of the economy based on the data for the Inflation indicator

25

Assess the state of the economy based on the data for the Unemployment indicator

25

Predict what will happen in subsequent years based on the data for all three indicators

15

Articulation of response (citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas.)

10

Total:

100%

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