Write 1,050- to 1,400-word paper in which you address the following:
Identify and define two economic indicators that reflect the strength of the economy (unemployment rate and housing starts)
Address the impact of these indicators on the price of a product and your decision on whether or not to buy this product.
Consider the following examples of economic activities:
- Purchasing of groceries
- Massive layoff of employees
- Decrease in taxes
Describe how each of these activities affects government, households, and businesses.
Relate at least one current event to the activities.
Format your paper in APA format
Cite a minimum of three peer-reviewed sources not including your textbook.