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Our clients and readers of this monthly Outlook know that, since the
Our clients and readers of this monthly Outlook know that, since the

... in 2009, we have been bullish on the U.S. economy and thus, the U.S. stock market. We take a long view on our time horizon, as is necessary when investing client assets with long-term goals and objectives. With the impasse in Washington, we have had several inquiries from clients wondering if there ...
the recession of 2007-2009
the recession of 2007-2009

... new houses and other items, and what did the Fed do in response to their concerns? 5. What did the Bush administration do in the early stages of the recession (2008) to stimulate the economy? 6. What was the outcome of the Bush Administration’s efforts to stimulate the economy? ...
2.6.4 conflicting policies student version
2.6.4 conflicting policies student version

... the aim of ____________________ if aggregate demand outpaces aggregate supply The pursuit of one objective may mean an opportunity cost in terms of another This is referred to as a ____________ where an increase in one area is traded off for a decrease in the other ...
Economists Weigh Possibility of a Recession Amid Economic Growth
Economists Weigh Possibility of a Recession Amid Economic Growth

... government could revise the data later. But the nonprofit National Bureau of Economic Research, which decides whether the U.S. has slipped into a recession, looks for "a significant decline in economic activity spread across the economy, lasting more than a few months." DAILY ECONOMICS NEWSLETTER Th ...
The Great Recession: A Downturn Sized Up (07.28.09)
The Great Recession: A Downturn Sized Up (07.28.09)

... Brad DeLong, an economic historian at the University of California, Berkeley. But this downturn was set off by a housing and credit collapse, making Fed rate cuts less effective in spurring growth. Economists believe Friday's GDP report will show the economy contracted again in the second quarter an ...
Economic Growth
Economic Growth

... Growth ...
1.02 Economic Indicators & Business Cycle
1.02 Economic Indicators & Business Cycle

... National Debt • The total amount the government owes. • Main source of income for government… Taxes • If it spends more than it makes in taxes, the government will: – Borrow money from the public – Borrow money from other countries ...
Perspectives On the Current Recession
Perspectives On the Current Recession

... creation can unfold, debt levels not only increase but they weigh heavily on liquidity, and ultimately, the solvency of sovereign governments. Today, Greece is the poster child of an insolvent government, but the U.S. faces a rising ratio of central government debt to GDP that is unsustainable for t ...
File
File

... In a recession, people responded to the threat of unemployment by ...
Scotland and Wales: Responses to the Recession
Scotland and Wales: Responses to the Recession

... contributing towards easing the pain of recession, but they can only do a limited amount within a fixed budget. Although they cannot originate a fiscal stimulus, they may be able to change the time profile of spending or reallocate funding between budgets However, although they cannot borrow, they m ...
Dr. Walden`s Economic Outlook (Click to File)
Dr. Walden`s Economic Outlook (Click to File)

... GOVERNMENT POLICY ...
Recessions History
Recessions History

... A quadrupling of oil prices by OPEC coupled with high 2 years government spending due to the Vietnam War led to stagflation in the United States. The Iranian Revolution sharply increased the price of oil around the world in 1979, causing the 1979 energy crisis. This was caused by the new regime in p ...
US recession - WordPress.com
US recession - WordPress.com

... Growth in the productivity ...
Is London Broke and does it need fixing?
Is London Broke and does it need fixing?

... Specialisation in productive sectors ...
Teacher guide Downturn and recession
Teacher guide Downturn and recession

... Identify opportunities for current or future growth. 4. Analyse why management accountants might look for growth opportunities during a recession. Management accountants may look for growth opportunities during a recession because: It will be easier to deal with growing demand when the economy start ...
Chapter 14
Chapter 14

... 1. When GDP rises the economy is doing well 2. When GDP falls, less goods & services are being produced ...
Causes Of Recession - School
Causes Of Recession - School

... - it has suffered only two official downturns, in 1990-91 and 2001. When they happen, they tend to be short-lived lasting perhaps no more than two or three years. If a country fails to emerge from a downturn then it is likely to be in a deeper depression. The NBER in the United States defines a rece ...
Business Cycle Theory
Business Cycle Theory

... 5. Unemployment 6.Consumer confidence 7. problem: unemployment. ©2012, TESCCC ...
Economic Instabilty Ch. 14, sect. 1
Economic Instabilty Ch. 14, sect. 1

... Business Cycles since WWII (read, don’t write)  Since 1945, the U.S. economy has expanded ...
here - Cornell University
here - Cornell University

... Aid to state government Aid to already-in-the-pipeline projects Try to promote long run growth where possible ...
Business Cycles
Business Cycles

... real GDP for two or more consecutive quarters (6 months or more).  Depression: Prolonged and severe recession=Great Depression.  Trough: When demand, production, and employment reach lowest levels. ...
International Trade
International Trade

... • Modern Macro is “new.” • Before 1930s, the economy was thought to be primarily self-regulating (thought that markets would ‘clear’ by themselves). • Production and Unemployment in the Great Depression changed that view. • Production was extremely low. Employment was extremely low. • John Maynard ...
Phases of the Business Cycle Detailed Powerpoint
Phases of the Business Cycle Detailed Powerpoint

... • Note: “Years” is on horizontal axis and “real GDP” is on vertical axis. • General trend of economic growth • Recession years are shaded blue: note downward slope on graph indicating that GDP is decreasing. ...
The euro area seems unlikely to avoid a recession
The euro area seems unlikely to avoid a recession

... economies, which posted growth in the third quarter, are losing steam. Euro-area gross domestic product (GDP) rose 0.2 % last quarter, Eurostat said, propped up by the German and French economies, which account for about 48 % of the region’s economic output. Germany expanded 0.5 % and France 0.4 % f ...
A New Keynesian Perspective on the Great Recession
A New Keynesian Perspective on the Great Recession

... and supply disturbances  The Great Recession had adverse shocks that lased much longer and were much more severe  Zero lower bound on short-term interest rate  Need more complete and detailed assessment of monetary policymaking strategy ...
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Recession

In economics, a recession is a business cycle contraction. It is a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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