Choose a 10-year period in the history of the United States between 1950 and today. All responses will be related to that timeframe.
a) Analyze the annual GDP to calculate specific growth rates and trends in the U.S. economy.
b) Analyze unemployment and inflation data.
c) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy.
Using the Milestone One PowerPoint Template provided, create 4–6 slides that address the following critical elements:
I. Examination of Macroeconomic Data (Be sure to include speaker notes to accompany all of your responses.)
a) Gross Domestic Product (GDP) and Growth
i. Analyze the annual GDP during the time frame to calculate specific growth rates and trends in the U.S. economy.
ii. Choose two or three of the most relevant historical and/or current events during this time period that impacted the U.S. economy. Apply
specific models developed throughout the course to demonstrate how these events influenced national output during this time.
b) Unemployment and Inflation
i. Analyze unemployment and inflation data during the time frame in their relation to output and growth, using macroeconomic principles
and models to explain their effect.
ii. Apply specific models developed throughout the course to demonstrate how the previously selected historical and/or current events
influenced both unemployment and inflation during this time.
c) Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuations
affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?
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