The U.S. recession began in December 2007 and ended in June 2009; however, we are still experiencing post-recession effects. The current macroeconomic situation in the US is that there are worries about the national debt, rising interest rates and a double dip recession. The rising national debt is ...

• Word Count: 664
• Approx Pages: 3
• Has Bibliography
• Grade Level: High School

Australia, a developed economy compared to the developing to economy of Pakistan, faced a lesser inflation rate and other macroeconomic difficulties, whereas Pakistan had to keep higher interest rates to cope up with the higher inflation rate and other deficits. ...

• Word Count: 2454
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School