The economy of the United States of America is the largest in the world. In 2000, the U.S. had a Gross Domestic Product (GDP) of 9,318.5 billion dollars. (Real Gross Domestic Product, 2001) The United States has an economy that is market driven but government regulated. Because the economy is market driven, it tends to have a cyclical nature. The market contracts, which causes a decrease in GDP, and it expands which causes the GDP to rise. …showed first 75 words of 2291 total…

…showed last 75 words of 2291 total…Economic Analysis on the World Wide Web: http://www.bea.doc.gov/briefrm/tables/ebr1.htm. Samuelson, Robert J. (2001, March/ April). What if Washington’s Tool Kit Won’t Work? Newsweek. 137 issue 13, 29. Schiller, Bradley. (2000). The Economy Today. Boston: McGraw-Hill Companies Structure of the Federal Reserve System” (2001). Federal Reserve. Retrieved April 18, 2001 from The Federal Reserve on the World Wide Web: http://www.federalreserve.gov/pubs/frseries/frseri.htm When America Sneezes. (2001, January/ February). Economist. 358 issue 8203, p.66.