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

Table 1. U.S. Economic Indicators for a Five Year PeriodGDP GrowthInflationUnemployment

GROWTH:

2.5

2.1

5.6

3.7

1.9

INFLATION:

5.4

4.5

1.8

4.9

4.4

UNEMPLOYMENY:

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?

explain your reasoning