Research paper
Introduction Being a study of the economy as a whole, and considering aggregated indexes as GDP, unemployment rates and price indices, the macroeconomics depicts an overall state of the current economic situation.
The debt ceiling
Even though, after the Great Recession of 2008, the U.S government is desperately trying to stabilize the situation using various fiscal and monetary measures, it still fails to spend less money, thus borrowing more and more from its creditors every year. Then it comes to the question of raising the debt ceiling in order to borrow more, and this procedure is known for quite some time now, but ...