1. Growth and Power
... drop in unemployment to below 5%. Moderate recovery took place in 2002, with the GDP growth rate rising to 2.45%. A major short-term problem in first half 2002 was a sharp decline in the stock market, fueled in part by the exposure of uncertain accounting ... than the 1.8-percent growth rate during 1990-2000. From 2000 to 2010, as in the previous decade, virtually all non-farm wage and salary employment growth is expected to be in the service-producing sector. In consistency with past trends, two major ... population; a relatively free market; high research and development (R&D) produc...
- Word Count: 4068
- Approx Pages: 16
- Grade Level: Undergraduate