Economic Topics

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The average life span in the United States increased from an expected 70 years in 1960 to 79 years in the 1990s. The expected life span for women is greater than that for men. Additionally, the expected life span applied to individuals born in the year for which the statistic is determined·not for those individuals already in their elderly years. A similar life expectancy increase, however, developed with respect to all age groups in the American population. Between 1970 and 1990, that segment of the population aged 65 years old or older increased more than twice the rate of general population growth. While the 65 and over group is the fastest growing segment of the American population, the 75 and over group is the fastest growing segment among those aged 65 or older. Prior to the 1970s, the 75 and over segment of the population was too small to merit much attention as a separate population segment. In the beginning of the 1990s, however, this segment of the population merits a great deal of special attention.

Persons aged 65 years old or older account for approximately 12 percent of the American population. Through the 1990s, the elderly population segment will not be as large as it will at a later time. Although the elderly segment is the fastest growing in the American population, this phenomena is occurring solely because of increased life spans. Constraining growth in this population segment at the present time is the low birth rate i

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um investment integrity. INTEREST RATES IN CALIFORNIA The demand for commercial loans increased dramatically in California in the second-half of 1994. Subsequently in 1995, interest rates on commercial loans in the state began to rise following several years of dramatic declines. Thus, a direct demand-supply interaction appeared to be at work. In December 1994, however, one bank had begun lowering prices on commercial loans as a part of a strategy to build market share in the small business segment of the market. Neither the earlier interest rate reductions nor the current interest rate increases, however, have had any dramatic impact on the demand for commercial loans. Bank lending to businesses in California soared in 1994, reflecting strong corporate demand. Bankers tied the lending surge to the need for short-term loans at floating rates as interest rates rose during the year. As rates decline, some banks will extend riskier loans to make up for lost volume. Business loans increased 8.3 percent in 1994 from 1993 levels. Small Business Administration-guaranteed commercial loan through banks reached record levels in California in 1994, as interest rates on commercial loans increased. The number of Small Busines
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Some common words found in the essay are:
Reagan Administration, Administration Requiring, Federal Reserve, AGE STRUCTURE, RATES CALIFORNIA, Adam Smith, Depression Near, BANKING REGULATION, Security Commission, Administration Congress, social security, federal government, commercial loans, federal reserve, trust funds, reagan administration, demand commercial loans, monetary policy, business loans, demand commercial, thrift institutions, actions federal reserve, policy actions federal, security trust funds, social security trust,
Approximate Word count = 3030
Approximate Pages = 12 (250 words per page)

Economic Topics

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