In at least 300 words with a reference and an article, please help me explain 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? Please help me explain data trends on unemployment, inflation, GDP growth, expasionary fiscal policy tools.© BrainMass Inc. brainmass.com October 17, 2018, 12:27 pm ad1c9bdddf
The current macroeconomic situation in the United States is that the GDP growth rate is 2.5% according to January 2014 figures. According to the Bureau of Economic Analysis the quarterly figures for 3rd quarter 2013 is 4.1 percent and 4th quarter 2013 is 2.6 percent. The unemployment rate was 7.2 in October 2013, this figure has declined to 6.7% in March 2014. The inflation rate in January 2014 was 2.93% and in February was 2.87%
The macroeconomic indicators of the United States show that the recovery has begun. The GDP growth rate is positive and is increasing. The unemployment rate is ...
This solution explains the current macroeconomic indicators, the fiscal policy, and monetary policy of United States. The sources used are also included in the solution.
The Fiscal and Monetary Policy and Economic Fluctuations
Discuss the current economic situation in the U.S. as compared to five (5) years ago. Include interest rates, inflation, and unemployment rate in your explanation.
Explain the changes in interest rates, inflation, and unemployment rates that your research yielded. Explain one reason for each of the changes in interest rates, inflation, and unemployment rates that you identified in Question 1.
Identify two (2) strategies based on fiscal and monetary policy that would encourage people to spend money in order to create economic growth.
Explain how the two (2) strategies that you identified in Question 3 could affect the unemployment, inflation, and interest rates.