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Having successfully brought a new product to market, you are now ready to take your company public. Overall, how soon should you launch a public offering given the cyclic nature of the economy? A 2-page response is required.1. Nominal Gross Domestic Product (NGDP): The nominal gross domestic product is increasing at the rate of 2.6% annually, while the Real Gross National Product (RGNP) is rising only 2.3%.2. Consumer Price Index (CPI): The Consumer Price Index has been rising at a fraction of a percent per quarter for each of the last four (4) quarters.3. Discount Rate: The Federal Reserve has announced a reduction in the discount rate of 0.5% and hinted that further cuts may be forthcoming.4. Unemployment Rate: The rate of unemployment is holding steady, although the rate of new claims is declining somewhat.