US RECESSION
... The Us economy shrank in three quarters in the early 2000s (the 3rd quarter of 2000), the first quarter of 2001, and the third quarter of 2001. The US economy was in recession from March 2001 to November 2001, a period of eight months. ...
... The Us economy shrank in three quarters in the early 2000s (the 3rd quarter of 2000), the first quarter of 2001, and the third quarter of 2001. The US economy was in recession from March 2001 to November 2001, a period of eight months. ...
Recession and recovery
... Following two successive quarters of (albeit relatively slow) economic growth, the UK economy looks less likely than it once did to suffer a ‘double-dip’ recession. Government borrowing, though still high, is lower than previously forecast. Although unemployment has risen to around two-and-a-half mi ...
... Following two successive quarters of (albeit relatively slow) economic growth, the UK economy looks less likely than it once did to suffer a ‘double-dip’ recession. Government borrowing, though still high, is lower than previously forecast. Although unemployment has risen to around two-and-a-half mi ...
The Great Recession of 2008-09 - University of Wisconsin
... Recessions can be long-lasting. The Fed did not act decisively in the Great Depression – it “had to keep its powder dry ...
... Recessions can be long-lasting. The Fed did not act decisively in the Great Depression – it “had to keep its powder dry ...
Current Issues In Economics
... • Sometimes the economy grows so fast that inflation drives up prices • Sometimes the economy slows down in a recession with rising unemployment ...
... • Sometimes the economy grows so fast that inflation drives up prices • Sometimes the economy slows down in a recession with rising unemployment ...
Lecture 21
... – Inflation declines--- from 4% to an average of 2% – Unemployment falls from 8% to 4% – Rapid productivity growth, rapid growth of GDP but benefits not equally distributed – Bank failures disappear, very profitable, build up capital, “Prompt Corrective Action Seems to Work ...
... – Inflation declines--- from 4% to an average of 2% – Unemployment falls from 8% to 4% – Rapid productivity growth, rapid growth of GDP but benefits not equally distributed – Bank failures disappear, very profitable, build up capital, “Prompt Corrective Action Seems to Work ...
Chapter 26 Key Question Solutions
... (Key Question) What are the four phases of the business cycle? How long do business cycles last? How do seasonal variations and long-term trends complicate measurement of the business cycle? Why does the business cycle affect output and employment in capital goods and consumer durable goods industri ...
... (Key Question) What are the four phases of the business cycle? How long do business cycles last? How do seasonal variations and long-term trends complicate measurement of the business cycle? Why does the business cycle affect output and employment in capital goods and consumer durable goods industri ...
Prezentace aplikace PowerPoint
... supply side • troubles: – of price of inputs • devaluation of crown, shift to world prices ...
... supply side • troubles: – of price of inputs • devaluation of crown, shift to world prices ...
Aggregate-Demand
... Slopes downward & to the right: 1. a general fall in prices increases the real value of wealth so increases AD (we can afford to buy more!) 2. It also lowers the prices of our goods compared to other countries leading to increased exports. ...
... Slopes downward & to the right: 1. a general fall in prices increases the real value of wealth so increases AD (we can afford to buy more!) 2. It also lowers the prices of our goods compared to other countries leading to increased exports. ...
Entranced by banking
... banks need capital injections of at least another $200-300 billion. Even if injections equal to all their losses could be effected, the banks might still want to contract, now that they know how dangerous their leverage of yesteryear was. The American public understands clearly that the present disa ...
... banks need capital injections of at least another $200-300 billion. Even if injections equal to all their losses could be effected, the banks might still want to contract, now that they know how dangerous their leverage of yesteryear was. The American public understands clearly that the present disa ...
Business Cycle
... Lowest point of real GDP Output and unemployment “bottom out” This phase may be short-lived or prolonged There is no precise decline in output at which a serious recession becomes a depression. ...
... Lowest point of real GDP Output and unemployment “bottom out” This phase may be short-lived or prolonged There is no precise decline in output at which a serious recession becomes a depression. ...
the business cycle
... where they are working at full capacity. 2. A long period of contraction is called a boom. 3. A downturn that lasts more than six months is called a slump. 4. People tend to spend less when the economic times are good and when they feel confident about the future. 5. When interest rates rise people ...
... where they are working at full capacity. 2. A long period of contraction is called a boom. 3. A downturn that lasts more than six months is called a slump. 4. People tend to spend less when the economic times are good and when they feel confident about the future. 5. When interest rates rise people ...
Great Depression vs. `Great Recession`
... more small banks with little asset diversification. The risk of bank failure was much greater. Furthermore, there was no deposit insurance to reduce surges in bank runs. There were also major world trade differences. (4) In the 1930s, world trade ground to a halt as individual nations tried to save ...
... more small banks with little asset diversification. The risk of bank failure was much greater. Furthermore, there was no deposit insurance to reduce surges in bank runs. There were also major world trade differences. (4) In the 1930s, world trade ground to a halt as individual nations tried to save ...
Gregory Miller Chief Economist SunTrust Banks, Inc. August
... Impact is cumulative Gas price – just hit new record US still lacks refinery capacity Auto sector lags supply of “cheap/efficient” and, from consumers, the cry is far from overwhelming And, the slowdown doesn’t hit until after oil peaks ...
... Impact is cumulative Gas price – just hit new record US still lacks refinery capacity Auto sector lags supply of “cheap/efficient” and, from consumers, the cry is far from overwhelming And, the slowdown doesn’t hit until after oil peaks ...
GCSE Making a Living extension case study
... In mid-2008 a world financial crisis began, at first affecting all developed countries and then the rest of the world. The speed of the worldwide collapse was due to the globalisation of the financial sector, with all the banks and stock markets interlinked throughout the world. The ‘Credit crunch’, ...
... In mid-2008 a world financial crisis began, at first affecting all developed countries and then the rest of the world. The speed of the worldwide collapse was due to the globalisation of the financial sector, with all the banks and stock markets interlinked throughout the world. The ‘Credit crunch’, ...
Great Depression PowerPoint
... the market value of all final goods and services produced within a country in a given period. • Recession- Decline in Gross Domestic Product (GDP) for two or more quarters • Depression- Economic downturn where GDP declines by more than 10% ...
... the market value of all final goods and services produced within a country in a given period. • Recession- Decline in Gross Domestic Product (GDP) for two or more quarters • Depression- Economic downturn where GDP declines by more than 10% ...
Macro Ch 7 presentation 1 Economic Growth and Inflation
... double GDP • = 70/annual percentage rate of growth • Ex- If China’s growth rate is 8%, it will take their economy about 9 years to double GDP • = 70/8= appx. 9 ...
... double GDP • = 70/annual percentage rate of growth • Ex- If China’s growth rate is 8%, it will take their economy about 9 years to double GDP • = 70/8= appx. 9 ...
