Question

In: Economics

what weed do to economic of country like USA

what weed do to economic of country like USA

Solutions

Expert Solution

The growth in an economy is determined by increase in gross domestic product (GDP), which is computed as combined value of all products and services produced within a United States in a year. At the end of 2018 the USA economy decelerated and in the quarter one of year 2019 momentum appears to remain on a downward trajectory. However despite of challenges the economy of USA is still the most important and largest in the world. The economy features a technologically-advanced and highly-developed services sector, which accounts nearly 80% of its output. The country is regarded as the home of free-market economic policies. But it's government exercises a vital regulation over commercial, economic, and financial activities. For a strong economy USA Congress should establish monetary policy through Federal Reserve whose objective is promote maximum employment and price stability. It should use infrastructure to spur the economic growth. It can also stimulate economy with deregulation.


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