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Essay

US Economy Issues

Essay specific features

 

Issue:

Business

 

Written by:

Joseph S

 

Date added:

June 4, 2015

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 218

 

Was viewed:

10283 times

 

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Essay content:

Inflation happens as the prices of goods and services rise due to consumers trying to buy more than the economy's capacity to produce. On the other hand, recession is a period lasting more than a few months when the economy contracts. I have learned a great understanding about the interest-rate and how it affects the economy based on the discussions we have had in class...
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It has been cut a couple times recently by the Federal Reserve and is now at 3.00% which is the lowest it has been in quite a few years. There is also discussion in this article of how the government has stepped in to try to ease the pressures of a recession. As I have learned, it is the role of the government in a market system to maintain competition and provide a legal structure...
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