1. war on iraq
... in the long run. That high productivity has also helped keep inflation low and that in turn will encourage the US central bank, the Federal Reserve, to leave interest rates on hold at a 40-year low of 1%. Low interest rates have also boosted the housing market, and encouraged ... But that could take several years, and meanwhile a runaway fall in the dollar could have unforeseen consequences for world financial markets. The growing Federal budget deficit, as well as the growing trade gap, are increasingly seen as unsustainable by foreign investors, who are therefore increasingly reluctant...
- Word Count: 2819
- Approx Pages: 11
- Grade Level: Undergraduate