Question: What is the current macroeconomic situation in the U.S. (e.g. is the U.S. economy currently concerned about unemployment inflation recession etc.)? What fiscal policies and monetary policies would be appropriate at this time?1. Write your individual answers to the questions listed above together in essay format (minumum of 300 words combined in APA style) using correct economic terms covered in the discussions. If you only write 300 words you probably wont be able to fully answer the questions. Use the APA Format.2. Key concepts to include in your paperdata trends on unemployment inflation GDP growth expansionary fiscal policy tools FOMC easy money policy tools and other terms from this class.3. You must use at least one article.Additional RequirementsMin Words: 300Max Words: 1000Min Pages: 1Max Pages: 4Level of Detail: Only answer neededOther Requirements: Must cite at least 2 references.