Identify and define two economic indicators that reflect the strength of the economy (e.g. real GDP, unemployment rate, inflation rate, interest rate, housing starts, etc.).

• Identify and define two economic indicators that reflect the strength of the economy (e.g. real GDP, unemployment rate, inflation rate, interest rate, housing starts, etc.).
• With these economic indicators in mind, how has the economy affected the demand for and supply of your selected product over the last 2 years?
• Explain the impact on the price of the product and your decision on whether or not to buy the product.