Charles Kochakian
中英文文本 ECON财经-What Is A Recession?什么是经济衰退? The last time there was a global r...
Recessions are a normal part of any economic cycle, which goes through slow periods of contraction and peak times filled with expansion. While no business wants a recession, at least this downturn typically lasts only six to 18 months. Let’s take a look at what a recession is, what causes...
What Is a Recession?In a general sense, a recession is an event that affects economic activity. It’s seen as a significant and persistent decline or downturn in a nation’s or the world’s economy. A recession can affect a person’s employment and economic output. Moreover, these events...
[一点即通] 根据题干关键词revenue,rise,recession定位到原文第三段第四句:In a deep recession,Netflix has also taught film fans that renting a movie or TV series not only is way less expensive than buying but also takes up no shelf space when you move from your foreclosed home into your ...
Pandemic Recession,NBER says: "The committee has determined that a trough in monthly economic activity occurred in the US economy in April 2020. The previous peak in economic activity occurred in February 2020. The recession lasted two months, which makes it the shortest US recession on record....
What Causes Recession? Several factors can contribute to the onset of a recession, and often, a combination of these factors interacts to create economic downturns. Here are some common causes of recessions: Contractionary Monetary Policy: When the central bank raises interest rates, it makes borrow...
A depression is when wages are cut so low no one makes enough to live on and a recession is when the price of everything goes up so high no one makes enough to live on. —The Atlanta Constitution, 23 Jan. 1938 The difference between a depression and a recession is that the first cr...
Another example ofhow much differenceit makes: nobody questionsthe NBER rulingthat there was a recession in 2001, even though the two quarters of negative GDP growth that year were not consecutive. (That is going by the conventionally-reported output-side measure of GDP. The NBER pays equal ...
A downturn in general economic activity leads to less disposable income, job losses, and fewer job openings, which decreases the demand for housing. A recession is particularly dangerous. Demand is exhausted, bringing supply and demand into equilibrium and slowing the rapid pace of home price appre...