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This paper provides an analysis of the current state of the American economy, focusing on the trade deficit and current account balance. The paper includes a basic definition of the terms and then relates them to the state of the U.S. economy. The paper then looks at the theory of interest and explains that despite the government interfering in interest rates, there has been little bearing on saving and investment in the domestic economy. The paper looks at the propensity to save and how this in turn affects the interest rates.
Cite this Research Paper:
U.S. Economy (2003, August 31) Retrieved September 26, 2023, from https://www.academon.com/research-paper/us-economy-30244/
"U.S. Economy" 31 August 2003. Web. 26 September. 2023. <https://www.academon.com/research-paper/us-economy-30244/>