Submit a short essay (a paragraph or two) using complete sentences to answer the following questions:

You are an economic adviser to the Federal Reserve The last two digits of your phone number represent the the inflation rate and unemployment, respectively, for the US economy. NOTE: this is the opposite as the Topic 9 Applied Assignment. Assess the economic situation in the US. What monetary policy would you recommend to the Chair of the Federal Reserve and why?

Your response should include your name and class information and be comprised of complete sentences in paragraph form using proper grammar. Your submission should include your name, course information, and page numbers (even if it is only 1 page).

Your paper should start with:

The last two digits of my phone number are X and Y, meaning the inflation rate in my question is X% and the unemployment rate is Y%.

Obviously, replace the X and Y with the last two digits of your phone number. put 2% unemployment rate and 5% inflation rtae