THE AMERICAN ECONOMY IN 2014
Introduction 2
The Fiscal Policy 3
The Monetary Policy 4
Conclusion 4
References 5
The American Economy in 2014
Introduction
This essay will argue whether the American Economy is live enough for a complete recovery from the global financial crisis started in 2008. The GDP growth rate after 2010 has started rising again; however, we observe that the economic growth is not following a stable path. The annual the highest level of the growth rate is around 3%, and it fluctuates over time down and up – in some quarters it becomes negative. In the first quarter of 2014, ...