Introduction. Cindy Is Debating On Whether Or Not She Should

Introduction Cindy is debating on whether or not she should open a business to sell and install solar panels for residential and business use. She believes that this business will help companies and consumers save money on bills every month, while having a positive impact on the environment. However, the business will require all of Cindy’s life savings, so she wants to be positive that it is a good economic investment in the current economic environment. This essay analyzes the current economy of the U.S., including: GDP, the business cycle, unemployment rate, inflation, monetary policy, interest rates, fiscal policy, international trade, and demographics and provides a recommendation for Cindy. GDP Growth Rate The gross domestic†¦show more content†¦The two main cycles are either expansion or recession. The U.S. is currently in a cycle of expansion. The economy continues to grow, the unemployment rate continues to drop, and wage growth is accelerating. According to Fidelity (2017), consumer spending should continue to be strong in 2017, with growing wages. Odds of recession should remain low throughout the year (Fidelity, 2017). This is good news for Cindy. The best time to start up a new business is during a cycle of growth. The unemployment rate is currently 4.5%, which is the lowest in almost 10 years. Many new jobs are being added every month, with 219,000 jobs added in February, and 98,000 added in March. The unemployment rate indicates that the labor market is returning to a sustainable pace of progress (Jamrisko, 2017). Employment is currently healthy in the U.S. This is also good news for Cindy. This indicates that there are more people working, earning, and having disposa ble income to invest in solar panels. According to the US Inflation Calculator (2017), the current inflation rate is 2.7% as of February 28, 2017. This is the rate at which consumer goods rise in price per year. An inflation rate between two and three percent is beneficial for an economy because it encourage consumers to buy and borrow more. This means that the government and central banks strive to meet a limited level of inflation (The Economic Times, 2017). The consistent inflation rate is positiveShow MoreRelatedMade to Order: Designer Babies2432 Words   |  10 PagesMade to Order: Designer Babies (Introduction) Imagine that children were genetically engineered to accustom parent’s exact desires of both physical and mental characteristics. Would parents choose physical traits such as blonde hair and green eyes, or choose mental traits such as athleticism and intelligence? Scientists are now able to genetically engineer a human embryo to the traits that a parent desires. Designer babies are usually seen as beneficial due to the eliminating chances of geneticsRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pageswritten permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc. 222 Rosewood Drive, Danvers, MA 01923, website www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774, (201)748-6011, fax (201)748-6008, website http://www.wiley.com/go/permissions. To order books or for customer service please, call 1-800-CALLRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesthis publication meets the requirements of the American National Standard for Information Sciences—Permanence of Paper for Printed Library Materials, ANSI Z39.48-1992 Printed in the United States of America 2 4 6 8 9 7 5 3 1 C ONTENTS Introduction Michael Adas 1 1 World Migration in the Long Twentieth Century †¢ Jose C. Moya and Adam McKeown 9 †¢ 2 Twentieth-Century Urbanization: In Search of an Urban Paradigm for an Urban World †¢ Howard Spodek 53 3 Women in the Twentieth-Century