Name Tutor Course Date US Current Economic Conditions Crude Oil The U.S field production of crude oil has been relatively constant over the last five years. However, the production has continuously been increasing in 2018 with the decline in September 2018. The crude oil production is expected to rise in the next months as the economy is recovering fully from recession (Amadeo 1). The economy, however, faces significant risks due to the volatility of the crude oil prices which can affect the economy at great lengths. The US government need to put in place a monetary policy instrument aimed at controlling inflation such as open market operations as a rise in crude oil prices would bring about...
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