So the key point here is that while the inflation rate rises during a boom and falls during a recession, it generally does not go below zero due to a consistently increasing money supply. In addition, there may be consumer psychology-related factors that prevent prices from decreasing during a...
Why do recessions happen? How can they be corrected? What makes an economy strong? Why is currency devaluation so sought after in a weak economy? What are the downsides to this tactic for countries? Why does GDP fall by a smaller margin of 1-2% during rece...
Recession is the opposite of a boom period in an economy. During a recession, there is widespread unemployment and a general fall in consumer and business confidence.Answer and Explanation: During a recession, the aggregate demand in an economy falls. This means that suppliers face lesser demand...
He believes that recession will unlikely happen due to several reasons like the short-term interest rates cut made by the federal government, the positive impact of the global economic growth and the continuous creation of jobs. Other factors supporting his positive economic outlook are listed.Reddy...
1 I had my first date with Polly after I made the trade with my roommate Rob. That year every guy on campus had a leather jacket, and Rob couldn't stand the idea of being the only football player who didn't, so he made a pact that he'd gi...
4.In other words,we typically demand more accountability from others than we do from ourselves .Not only does this lead to petty judgments about other people,it also leads to faulty risk assessment when you assume that certain bad things only happen to others.For example,you might assume,witho...
Why Do Death March Projects Happen? Why Do People Participate in Death March Projects? Summary Notes ⎙ Print Page 1 of 6 Next > What is a death march project? What makes IT organizations create such things? Why would anyone in his right mind agree to participate in such a project...
Today we can read in our newspapers of important things that happen in faraway countries at the same time. Besides giving news from all over the world, newspapers tell us a lot of other useful information. There are weather reports, as well as radio, television and film guides. There are ...
Increasing exports is one of the most effective ways to beat the recession. Earning Foreign Exchange The dollar is the most important currency in the world today. It is a reserve currency. This means that international trades happen either in dollar or gold. Essential commodities like oil and ...
Why Is Stagflation a Harder Problem To Combat Inflation or Other Economic Problems? Stagflation is generally considered more difficult to resolve than standard inflation or a recession. This is because the typical policy responses to fight one problem tend to worsen the other. For example, raising ...