Question: Use the links below to answer the questions. 1. Where do we seem to be in the economic cycle? Are we in a period of

Use the links below to answer the questions.

1. Where do we seem to be in the economic cycle? Are we in a period of expansion or recession? What economic problem or problems does the data show us?

2. What can the government do through fiscal policy to help the problem identified in question 1?

3. What does the government have to be careful of in fixing this problem - what might happen if they go do far in fixing this problem?

https://datacommons.org/place/country/USA?utm_medium=explore&mprop=amount&popt=EconomicActivity&cpv=activitySource%2CGrossDomesticProduction&hl=en

https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm

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