Unformatted text preview: U.S., as well as all foreign owned companies (Honda for example) that produce G&S within U S Think about it Foreign owned companies hire U S workers to G&S within U.S. Think about it. Foreign owned companies hire U.S. workers to produce their goods and services. Economists like to see the U.S. economy grow at what is called a “sustainable rate” believed to be around 2.5% to 3.5% per year. Some economists believe that if growth exceeds 2.5% per year for very long, inflation will occur. Other economists currently believe that the sustainable rate of economic growth for the U S is greater 3 currently believe that the sustainable rate of economic growth for the U.S. is greater than 2.5%. As the economy grows, new jobs are created and unemployment rates tend to decrease....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.
- Fall '10