Macroeconomics, Public finance, Federal Reserve System

The macroeconomic situation in the United States of America could be described as ailing and this is due to the fact that the economy of the country is just recovering from an economic recession. The global economic meltdown that hit the world did not leave out the United States of America as the macroeconomic situation in the country is such that the government is trying to recover from the economic recession and inflation that has hit the country (Jones, 2008). The country is facing issues with the unstable price of oil in the global market and this has also made the prices of commodity unstable and the level of inflation in the country is rather alarming (Jones, 2008). Thus, the current macroeconomic situation in the country is such that the citizens are faced with the instability of