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Tracking The Economy Report - Online Term Paper

Tracking The Economy Report

The United States economy is very difficult to understand. It is so difficult because we cannot predict what will happen in the next century, the next decade, or even what will happen tomorrow. Our economy hasn’t been through a depression, since the Great Depression in the 1930’s. We have been anticipating another depression for quite a while, the last few decades, in fact. But our economy has been lucky enough to stay away from such a horrible thing. Predicting the way our economy will change is very similar to predicting the future, it is just a guess.
We can say that is doing quite well, but that can change at any given moment in time. The reason we can say this is because our ...

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be satisfied with it, that is there is always room for improvement.
In the United States economy, our trade balance is said to be stable at this juncture, however because so many other countries are suffering from economic problems, we cannot export as many as our goods as we’d like to, to these other countries. We are not receiving any money from these countries because they cannot afford it, so it is taking away our ability to make money exporting, eventually this could lead to a problem for us. Perhaps having too many goods and services.
The Inflation rate or the (CPI) in the United States, is very low, and this is indeed a very good thing. It means that we are getting more for our dollar. Which means the value of a dollar is higher. We would definitely like to keep the Inflation rate stable or even try to get it lower for as long as possible. The cheaper things, the better it is for the United States household consumers. A prime example of this is the price of ...

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Tracking The Economy Report. (2008, April 6). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Tracking-The-Economy-Report/81693

"Tracking The Economy Report." Essayworld.com. Essayworld.com, 6 Apr. 2008. Web. 23 Dec. 2024. <http://www.essayworld.com/essays/Tracking-The-Economy-Report/81693>

"Tracking The Economy Report." Essayworld.com. April 6, 2008. Accessed December 23, 2024. http://www.essayworld.com/essays/Tracking-The-Economy-Report/81693.

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PAPER DETAILS

Added: 4/6/2008 04:51:29 PM
Category: Economics
Type: Free Paper
Words: 934
Pages: 4

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