Question: What is the current macroeconomic situation in theU.S. (e.g. is the U.S. economy currently concerned aboutunemployment inflation recession etc.)? What fiscal policies andmonetary policies would be appropriate at this time? 1. Write yourindividual answers to the questions listed above together in essayformat (minumum of 300 words combined in APA style) using correcteconomic terms covered in the discussions. If you only write 300words you probably wont be able to fully answer the questions.Use the APA Template in Doc Sharing as a guide. You will also findthe grading rubric for this assignment in Doc Sharing. 2. Keyconcepts to include in your paperdata trends on unemploymentinflation GDP growth expansionary fiscal policy tools FOMC easymoney policy tools and other terms from this class. 3. You must useat least one article. Note: The textbook is not an article andcannot be the only source for the assignments. Use the DeVryLibrary as a resource for finding your references.