Aggregate Demand and Supply Models Economic Critique Team Paper
Erick Cabrera, Aaron Santiago, Marcus Crabtree, Abram Meza, April Mendez
ECO/372 Macroeconomics
June 30, 2014
Prof. Michael Gay

When describing the current economic state of the United States there are several factors that must be included. These factors will affect the aggregated demand and supply of the United States economy. Such factors consist of unemployment, expectations, consumer income, and interest rates. All these economic factors will help us evaluate and establish important stimulates that will resuscitate the United States economy.
There have been many obstacles for the United States as the economic crisis has continued to ripple across the financial landscape. The Bureau of Labor Statistics shows that the U.S. is slowly climbing back from a staggering 10 percent unemployment rate in 2009 and 2010. There are many questions surrounding unemployment whether their improvement will be short lived, or if they can find a way to push themselves back into the spotlight of the competitive global market.
Perhaps there was a lack of structural adjustment as the technology markets began connecting countries that previously had no way into the global market played a large part of the problem. The United States once lead the way in exported goods because of the sheer size and force of their economy. Globalization of the market coupled with the decrease in the USD value has caused companies to collapse under financial pressure. The United States has been beaten out by other countries competitive manufacturing models.
The problem might not be that the United States unemployment is too low, even with the decrease in unemployment percentage falling into more steady waters of 6.3 percent (The Bureau of Labor Statistics, 2014). The United States leads globally in Aggregate demand averaging