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 Period
GDP Growth Inflation Unemployment
2.5 2.1 5.6
3.7 1.9 5.4
4.5 1.8 4.9
4.4 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? Please explain your reasoning in detail.
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