Overview of the Current Economic Situation
Question 1
Although it is extremely hard to say, which type of budget deficit is more serious -structural or cyclical, I would undoubtedly opt for structural for the reasons scrutinized below.
My first and foremost reason for supporting such an assertion lies in the fact that structural budget deficit is an art... read more
2 pages
600 words
Considering the aftermath of the global economic recession, most countries tend to protect their economies from adverse affects of globalization and economic integration and cooperation. The United States of America is not the exception. Considering that US dollar is the reserve currency for most countries, dollar is one of the most demanding currencies in the world. As the result, dollar ... read more
1 page
300 words
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