Forecasting America’s Future

Forecasting America’s Future
Please see the detailed instructions in the attached document

What will America’s economy look like in 3 and 10 years?
(i) Provide estimates of America’s GDP in 3 years AND 10 years in the future.
(ii) Over each forecast horizon, specify your estimate of: interest rates, unemployment, oil prices, and any other macroeconomic variable you deem relevant.
(iii) Explain where your numbers came from. You are not required to develop a mathematical model. You are expected to list and discuss (for each horizon) any forces that shape the results. For example, discuss the global macroeconomic and geopolitical forces at play that lead to interest rate, oil price and unemployment changes, which in turn combine to yield GDP numbers.
(iv) Discuss how each of these two scenarios would affect your personal wealth and business prospects.
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