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Macroeconomic Overview, February 1997

Title: Macroeconomic Overview, February 1997
Category: Business & Economy / Economics
Details: Words: 1538 | Pages: 6.5 (approximately 235 words/page)


Macroeconomic Overview, February 1997

Includes inflation,unemployment,fiscal policy,etc. Great paper! Use more Graphs!(I got them from the paper) MACROECONOMIC OVERVIEW          February 12, 1997                            Monetary/Fiscal Policy Government monetary and fiscal policies change all the time. These policies are installed or fixed for the betterment of trade, inflation, unemployment, the budget, or many other economic factors. In my opinion, it seems like two people have the majority of the control when it comes to forming these policies. The first …showed first 75 words of 1538 total

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showed last 75 words of 1538 total…his attempt to balance the budget by 2002. Economists say Clinton is right on track with his proposals. Areas that are being hit hard are: Medicare, Defense, and Welfare (check chart one for breakdown). Also new, the unemployment breakdown came out and the economy has not lost a step. Despite the unemployment rate increasing from 5.2% to 5.3%, there is no fear of inflation. Payrolls also showed growth while the labor force expanded and the workers' hours decreased.

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