Daekwon the chef and Rza Shogun, Sergio Suarez, Sylvia Lin, Anne-Sophie Young Economics Final Report A Treatise on the Value of Economic Indicators The US Economy and Economic Indicators The United States economy is the strongest and the most affluent in the world. Besides having the highest GDP (Gross Domestic Product), the United States has a complex system of regulating economic policy and controlling the money supply. The system also regulates banks and financial institutions, …
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showed last 75 words of 2402 total
…that Americans are a moody people in consumer confidence. From the beginning of 1997 to May 1999, I would have to say the periods of high consumer confidence were more numerous than those that are not. High consumer confidence can also lead to inflation. We therefore believe that the expected rise in interest rates by the Fed is justified in the fact that it is for the sole porpose of preventing inflation and maintaining a healthy economy.