In 2-3 well-developed paragraphs, apply what you have learned about the economy to make a prediction of how the economy will change in 2021.

Explain what events you predict will happen in 2021. Consider American politics, social movements, natural disasters, and actions by other countries. Then, decide what effect this will have on the American economy. Use at least two economic indicators in your explanation. You should also identify if the economy will be in an expansion or a recession.

Predict how the government would respond to those events. How could the government use fiscal and monetary policy to keep the economy stable? Give at least two examples, one fiscal and one monetary.

Question

In 2-3 well-developed paragraphs, apply what you have learned about the economy to make a prediction of how the economy will change in 2021.

Explain what events you predict will happen in 2021. Consider American politics, social movements, natural disasters, and actions by other countries. Then, decide what effect this will have on the American economy. Use at least two economic indicators in your explanation. You should also identify if the economy will be in an expansion or a recession.

Predict how the government would respond to those events. How could the government use fiscal and monetary policy to keep the economy stable? Give at least two examples, one fiscal and one monetary.