posted by .

Does the United States currently have a normal economy?

A normal economy is when everyday people can make reasonable accurate predictions about the economic future. These people want to be able to plan and protect themselves. These are the 4 indicators of a normal economy does the United states currently have one

Bank is stable, rate is the inflation rate and the cost of goods go up, interest on my savings goes down=value of money goes down, can you buy most goods and services freely at a reasonable price, employment does not flucutate widely, and long term plans (house, kids, retirement, pension, Ira)

  • geography -

    Several factors show that the U.S. does not have a normal economy now.

    Some banks are not stable because they hold mortgages that cannot be paid.

    There is no inflation and the cost of goods is not increasing.

    There's a relatively high level of unemployment and underemployment.

    The future is unsure because house prices have gone down, college tuition is skyrocketing, Social Security is predicted to run out of money, the stock market is unstable, and pension plans are being cut and even eliminated.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    What do most economists believe about the future of business cycles?
  2. Government US

    2. Which of the following statements best describes the relationship today between government and the economy in the United States?
  3. Economics-Ms.Sue

    Why doesn't the United States have a normal economy?
  4. social studies

    Word Bank;command economy, market economy, traditional economy, social reforms, labor unions, assassinated, political party 1) people spend most of their time growing food for themselves and their families in a _____________. 2) some …
  5. to ms.sue

    i still don't get what i put down. ??????
  6. World Geography

    REVIEW 1.Which of the following statements about the natural resources of the United States is most accurate?
  7. Social Studies

    what would be the most likely method for a game store to distribute a popular new video game to customers A.First come first served B.Levels C.Needs D.Auction which these states a basic economic question A.What job is best B.How much …
  8. Social Studies

    what would be the most likely method for a game store to distribute a popular new video game to customers A. First come first served B. Levels C. Needs D. Auction which these states a basic economic question A. What job is best B. …
  9. History

    18.)What did people in the both the North & the South have in common during the late 1800's?
  10. Math

    Bayes' theorem problem, Struggling with this the whole night, please help.Thank you. Two states of nature exist for a particular situation: a good economy and a poor economy. An economic study may be performed to obtain more information …

More Similar Questions