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One of the objectives of Macroeconomics is to evaluate the current state of the economy and...

One of the objectives of Macroeconomics is to evaluate the current state of the economy and predict what is going to happen over the next one or two years. Identify the trends and tendencies in the indicators of performance for the United States economy and using that as a base, predict what will happen to the economy over the coming 12-24 months. Recommend what sort of fiscal and monetary policies the government of your United States should take to avoid economic dangers you foresee or improve on the current economic performance

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One of the most important objective of macroeconomics is Gross domestic product. Gross domestic product is the most commonly measures the country's and every economy. The main objective is to to increase the GDP in high level. If any economy evaluate the current stage of the economy and the macroeconomic is good condition then coming to the next one or two years economy condition is greater than other country.

There are three types of economics indicators :

  • Leading
  • Lagging
  • coincident

If we take Leading indicator with respect ti US economy.

USA government use many policies to improve leading indicator

  • Fiscal : Government should spend lot of money to increase leading indicators.
  • Monetary : Federal Reserve should decrease interest rate and o\improve leading indicators
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