What is United States Economy
The United States of America is a mixed economy that is highly developed and advanced. Not only is it the largest economy in the world in terms of nominal GDP, but it is also the second largest economy in terms of purchasing power parity (PPP), followed by China. As of the year 2022, it has the seventh highest nominal per capita GDP in the world and the eighth highest per capita GDP in terms of purchasing power parity. In nominal terms, the United States of America accounted for 25.4% of the global economy in 2022, while in terms of purchasing power parity, it was approximately 15.6%. The United States dollar is the currency of record that is used the most in international transactions. It is also the reserve currency of the world. It is supported by a vast market for U.S. treasuries, its function as the reference standard for the petrodollar system, and its connected eurodollar. In a number of nations, it serves as the official money, while in others, it is the currency that is used in everyday transactions.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Economy of the United States
Chapter 2: Reaganomics
Chapter 3: Economy of Switzerland
Chapter 4: Economy of Australia
Chapter 5: National debt of the United States
Chapter 6: Comparison of Canadian and American economies
Chapter 7: Economic policy of the Bill Clinton administration
Chapter 8: Fiscal policy of the United States
Chapter 9: United States federal budget
Chapter 10: History of the United States public debt
Chapter 11: Economic policy of the George W. Bush administration
Chapter 12: Income inequality in the United States
Chapter 13: Great Recession
Chapter 14: Financial position of the United States
Chapter 15: Foreign trade of the United States
Chapter 16: Economic policy of the Barack Obama administration
Chapter 17: Great Recession in the United States
Chapter 18: Political debates about the United States federal budget
Chapter 19: Deficit reduction in the United States
Chapter 20: Abenomics
Chapter 21: Economic policy of the Donald Trump administration
(II) Answering the public top questions about united states economy.
(III) Real world examples for the usage of united states economy in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of United States Economy.