Wednesday, May 15, 2019
The Economy, Monetary Policy, and Monopolies Research Paper
The Economy, fiscal Policy, and Monopolies - Research Paper ExampleThe research paper The Economy, Monetary Policy, and Monopolies analyzes the American economy which has undergone a difficult period during the last five years because of a globose recession. Some people believe that the economic problems were already over whereas others are of the view that these problems still persist. Since 2009, sake judge in America remain stationary at around .25%. In all probabilities, reside values may remain in its present form at least for the next copulate of years in order to support the economic revival. It should be noted that entrepreneurs will approach pecuniary institutions for mortgages only if the interest rates remain at a low level. The following graph provides a rough idea about the unemployment problems in the US for the last few years. It is evident from the graph that unemployment rates in the US were around 2% during 2006-2007 period whereas that at present is over 8%. Unemployment rate almost touched the 10% mark in 2011 even though it is decreasing at present. In short, unemployment rate started to decline which indicates that American economic growth is back on track. It should be noted that Americans started to rook the philosophy of saving because of the recent recession. For the revival of economy and also for the creation of new employment opportunities, it is obligatory to encourage spending. Keeping interest rate at a lower level will unimpeachably help the people to spend money more freely. Inflation rate should be kept as low as possible.