Overview of the U.S. Economy
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Over the last twenty years the U.S. economy has generally done well. This time period includes the tail end of the severe recession of the 1970Æs, but shows a quick recovery in the early 1980Æs and steady growth throughout most of the 1990Æs. Inflation has shown a steady downward trend, though a small recession in the early æ90Æs saw a slight increase. In the past two to three years, the tight labor market threatened to push prices up slightly. The Federal Reserve has reacted with conservative movement of the Federal funds rate. Government income and expenditures have continued on an upward trend. Income has continued to increase at a faste
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Some common words found in the essay are:
Federal Reserve, Fund Rate, Overview Economy, strength economy, fund rate, gdp growth, slight increase, increase rate, growth rate, labor market, continued increase, pre-recession levels, rate nonetheless,
Approximate Word count = 459
Approximate Pages = 2 (250 words per page)
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