We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

What is the current macroeconomic situation in the United States What fiscal policies and monetary policies would be appropriate at this time - Essay Example

Comments (0)
economy is the world’s largest national economy, and has been on a constant rise since the global recession that hit the world economies between 2008 and 2009. The economy’s growth is aided by a variety of factors, both on the micro and macroeconomic fronts…
Download full paper
What is the current macroeconomic situation in the United States What fiscal policies and monetary policies would be appropriate at this time
Read TextPreview

Extract of sample
What is the current macroeconomic situation in the United States What fiscal policies and monetary policies would be appropriate at this time

Download file to see previous pages... This also applies for the U.S. economy, especially in regards to its current macroeconomic situation.
In view of the unemployment trends in the U.S., the trends have shown a sharp decline since 2008. The employment rates have steadily risen, with present data from the Labor Department showing that over 140,000 jobs have been created in the economy. This has led to the rate of unemployment dropping to slightly over 7.5%. Furthermore, the Bureau of Labor Statistics places the current inflation rates of the U.S. at below 2.5%. This has been occasioned by the constantly improving economy, with the most significant categories for maintaining the inflation rates low being consumer price index based factors such as shelter and consumer products (Vietor & Weinzieri, 2012). The reduced inflation rates coupled with the low unemployment levels in the U.S. have resulted in an overall increase in the GDP of the country. Furthermore, this is aided further by the diversity of the American economy as shown by the technology, finance and the other sectors that collectively result in the average increase in the rate of GDP increasing gradually. Moreover, such industries such as mining, industrial, farming and construction industry are the chief drivers that are involved in the creation of jobs, hence elimination of poverty and reduction in inflation consequently leading to economic growth occasioned by the GDP levels.
However, in order to constantly maintain a worthy economic environment and hold all factors at economically feasible levels, varieties of factors are considered by the Federal Reserve authority responsible with formulating fiscal and monetary policies for the economy. As such, the Federal Open Market Committee can consider structuring their policies to ensure further economic prosperity. In consideration of the present macroeconomic situation in the U.S., the committee could consider reducing cuts on public goods, as this could eventually ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
UK monetary policy
Monetary policy also involves controlling the changes in the value of exchange rate. This is because currency fluctuations affect the macroeconomic activity in a country. According to the international monetary fund, the bank of England appears to be nimble when it comes to easing the monetary policy in the United Kingdom.
10 Pages(2500 words)Essay
Canadian Monetary and Fiscal Policies
Indeed, much success has always been realized in the context of Canadian economic development to the extent that one is left to wonder about the policies in place and the various measures the government has put into place to ensure the country sails through these turbulent economic times.
7 Pages(1750 words)Essay
How Monetary and Fiscal Policies were Implemented during the Recession
The year 2008 witnessed the greatest depression since the great depression of the 1930s. This was because of the irrational exuberance in the housing market that led many people to buy houses that they could not afford. These investors were speculative that the future prices of houses would only rise.
4 Pages(1000 words)Essay
Current Macroeconomic Situation in the USA
Presently in the US, there is slow growth and escalating unemployment; the main sources of apprehension. However, the FED will maintain the funding rate pending 2014, which is a giant push. It forecasted that the economy will develop more than 2% the following year, which is good news.
4 Pages(1000 words)Essay
Fiscal and Monetary Policies in the USA
Monetary policy in the US has mainly been to maintain stability in interest rates and money markets while on the other hand the fiscal policy has been aimed at increasing revenue for the government while encouraging investments. These two forms of policies in the US work together to in ensuring macroeconomic stability.
3 Pages(750 words)Essay
Monetary and Fiscal Policy in the Euro Area
On the basis of the concept of formation of a single and autonomous market, the achievement of the EMU has been accomplished
36 Pages(9000 words)Essay
What is the current macroeconomic situation in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
The GDP growth, consumption and income, are all positive, despite that they are growing at below trend rates. The housing market shows no sign of recovery. The real GDP augmented at a
2 Pages(500 words)Essay
Current macroeconomic situation
The USA government’s intervention saved the situation that could have otherwise worsened. Unemployment rate is at its topmost. Insufficient or lack of jobs implies that the consumer confidence alongside the sentiment of businesses is at risk. This is
2 Pages(500 words)Assignment
Monetary and Fiscal Policies on Recession

The author states that when a business cycle fails to follow as predictable trend, then it results into unfavorable conditions which are negative for a business to thrive in the economy. Study has shown that the period prior to a recession phase, many businesses experience a boom which leads to optimistic but instead, the economy slumps.

2 Pages(500 words)Research Paper
Macroeconomic Condition of the USA in 1996-1999
The real GDP had fallen from 2.5% in the year 1996 to 2.2% in 1997. Consequently, the GDP would increase by 2.3% in 1998 and then fall to 2.0% in 1999. In 1996, the unemployment leveled to the lowest level
6 Pages(1500 words)Essay
Let us find you another Essay on topic What is the current macroeconomic situation in the United States What fiscal policies and monetary policies would be appropriate at this time for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us