Topic > The Current Macroeconomic Situation - 1947

THE CURRENT MACROECONOMIC SITUATION It seems clear that the current macroeconomic situation in the United States is a bit difficult in many ways. The situation regarding employment, inflation, monetary and fiscal policies has been detrimental to US citizens who have been experiencing a struggling economy for many years. When an expansion of monetary activity occurs, well-being will be experienced by a greater number of fiscal entities, in addition to industries, businesses, workers, capital owners, and others. When there is a decrease in fiscal activity, the business segment faces a decrease in production and other sectors of the financial system with a decrease in consumption. As a result, due to reduced production, companies lay off some employees or reduce their working hours in addition to their wages. These pessimistic tendencies affect the decline in the standard of living and excellence of life of the inhabitants and increase the rate of shortage, which positively represents the most complicated difficulty for every nation. Accordingly, economists attempt to determine the causes of these business cycles (phases) and make suggestions as to what could be done through appropriate economic policies to alleviate such depressing depression phenomena. The recession should not be seen as an accident from which there is no way out, but as a very serious indicator that underlines that the financial system is unhealthy and that we should take dynamic measures for its faster recovery. Some Basic Theories of Macroeconomics Keynesian theories target the role that customers' self-confidence plays in times of recession. When consumers begin to feel pessimism about the... center of the card... at all levels, as well as the effect of the recession on the US economy and real macroeconomic variables. Works Cited- US Bureau of Economic Analysis www.fedstats.gov/key_stats/index • Blanchard, O. Zobeiri, H 2009.: Continuance of Global Economy Improving, Economic and Political Ettelaat, 265-266, 2009. • Cauchon, Dennis: Why Home Values ​​May Take Decades to Recover, USA Today, 2009.• Even, S. and Feldman, N 2009.:"Implications of the Global Economic Crisis."2009.• Funa, L.: "The Relevance of Economics Keynesianism in times of economic crisis" Bachelor's thesis, Lyublgana University. 2009.• Ghadiri Asli, B 1990.: History of Economic Thought, Tehran University Publication, 1990• A., B. Abel and B.,S. Bernanke: Macroeconomics, 4th edition, Addison-Wesley.• Begg, D., Fisher,S., and Dornbusch, R., (2000): Economics, 6th edition, McGraw-Hill.