The Economy, Monetary Policy, and Monopolies

[Name of Instructor]

The Economy, Monetary Policy, and Monopolies

Introduction

The current economic situation in the U.S can be categorized as growth oriented after the devastating financial crisis five years back. However, the growth is not very sound but still the U.S government has taken comparative measures to enhance the economy of the country. The economy of the U.S still stands between the world's largest economies but the economy is still in a struggling phase because of the financial crisis that hit the U.S in 2008. The interest rate in U.S has seen a record low in early period of 2011 at 0.25 percent, the purpose for keeping such low interest rate is to support the economic recovery for the country and help ensure stability. The inflation rate in 2012 for U.S is recorded at 2.30 percent, which is below the average interest rate in the country and also the lowest figure in the past five years. The unemployment rate shot high after the 2008 crisis in the U.S, but lately the rate has come down to 8.1 percent and the chances for employment are increasing but to a very limited extent. The information provides an overview of the current economic situation of the country.

Discussion

The economy of United States is facing a downturn with slow or negligible employment rate mainly because of the economic crisis in the country. The country is faced with almost no new investors and the individuals have less to spend because of unemployment and lesser pays. There is a shortage of investors in the country and due to which employment is not increasing. There could be many ways, which the government could identify and implement in promoting the investment purpose in the country, which could certainly improve the economic conditions in United States. The federal ...