econ

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  • Hello, my name is Tony .
  • Hello, my name is Angel
  • Right now, we are going through a nice period in time
  • The inflation is around 3% increase per year, which gives our economy a nice boom
  • everyone is buying new homes, new cars, products, and everyhthing brand new
  • The sum of all the profit made from the new product is called GDP
  • The rate of inflation is at a nice 2 or 3 percent per year
  • This is called a peak in the economy.
  • Also, the unemployment rate is at a nice 4 percent as well
  • Now we are going through a rough period in time in the economy
  • it is a very sad time in our economy
  • the unemployment rate is around 8-10 percent. people are becoming homeless
  • It is a sad day
  • many cannot afford much, and many are losing their jobs
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