The United Sates economy is the strongest economy in the world. The economy remains vibrant despite having experienced eight recessions since 1929. The goal of all the economic policy makers is to maintain a healthy economic growth rate. In the last quarter of 2013, the economy had grown at a rate of 2.6 %. The same growth was not reflected in the first quarter of 2014, with a Gross Domestic product, decreasing with one percent. A healthy growth rate grows fast enough to create jobs for the unemployed and avoid inflation (Matoloni, Shoemaker, & Aversa, 2014).
The Gross Domestic Product of the United ...
