Three primary indicators of the health of our economy

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Question 1. Here are three primary indicators of the health of our economy -- GDP, Inflation and unemployment. Which two should we be most concerned about today? Why? (Numbers might help support your position.)

Question 2. Many predict a coming recession. What is the significance of that? What are the remedies? Please, use your own words.

Question 3. You have $1,000 which you are considering depositing in the bank. Specifically, what economic and financial factors would you consider? (Citing one or more of Mankiw's 10 principles would not be sufficient.) For a few extra points, make some realistic assumptions and using some numbers you think appropriate, calculate how much money would you get back when you withdraw your savings in three years?

Reference no: EM133363994

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