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Macroecomonics

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Submitted By nimely
Words 569
Pages 3
Chamberlain
College of Nursing
The United States Current State of Macroeconomics
Prof. H. Morales
Content

Introduction................................................................. Page 1
Unemployment and GDP .............................................. page 1
Monetary and Fiscal Policies......................................... Page 2
Conclusion .................................................................. page 2
References.................................................................... Page 3

The United States Current State of Macroeconomics

Introduction According the text book economics is the branch of knowledge concerning with the production, consumption, and transfer of wealth. There are two types of economics Macroeconomics and Microeconomics. This essay will attempt to explore the different type of or is the branch of economics which focused its studies’ in “large” portion of economics system. It basically deals with the overall performance, behavior, structure, and the essential decisions made by the whole economy. In reality the relationship between micro and macro economy the relationship is intertwine, they are interdependent, but still have different strategies. The overall performance are based on, pinpointing issues such as inflation, interest rates, unemployment as a whole, national productivity, GDP growth, and recession. In the United States (U.S) for the household past few years unemployment rate. According to the U.S. Bureau of Labor Statistics is 8.6%. Despite the mention houses foreclosure being foreclosed is still on a rise.

Unemployment and GDP Trends The department Bureau of Labor Statistics (BLS) keeps track of the unemployment rate in United States. BLS it uses a measurement system that monitor individuals in all households over the age of sixteen who is currently not working or not seeking

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