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US Economy Issues
Essay specific features
Written by:
Joseph S
Date added:
June 4, 2015
Level:
College
Grade:
A
No of pages / words:
1 / 218
Was viewed:
10291 times
Rating of current essay:
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...
displayed 300 characters
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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...
displayed 300 characters
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