In the near term, this process of debt deflation involves a wave of business failures, personal bankruptcies, and increasing unemployment. The economy experiences a recession, and economic output slows as debt-financed consumption and investment drop. What Is Deflation in an Economy? Deflation is ...
Rebecca Blank
Because it keeps the level of family consumption. 根据第五段第一句:“Unemployment insurance is one of the economy´s most important automatic stabilizers,helping to maintain household purchasing power when the economy weakens.”后半句的同位语解释了为什么失业保障体系是经济最重要的稳定器之一——因为它...
He still could not throw any further light on why the elevator could have become jammed... 对于电梯为什么会卡住他仍旧给不出更多的解释。 柯林斯高阶英语词典 Experts wonder why the US government is not taking similarly strong actions against AIDS in this country... 专家们对为什么美国政府没在这个...
Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.
Stagflation is the simultaneous appearance in an economy of slow growth, high unemployment, and rising prices. Once thought by economists to be impossible, stagflation has occurred repeatedly in the developed world since the 1970s. Policy solutions for slow growth tend to worsen inflation, and vice...
Much of the search theory literature implies that all unemployment is voluntary unemployment. It is assumed that the individual cannot search for a job and... JW Nevile - Palgrave Macmillan UK 被引量: 0发表: 2016年 HIGH DISCOUNTS AND HIGH UNEMPLOYMENT In recessions, the stock market falls more...
“More structural unemployment and weak potential growth imply less slack in the economy and raise an inflation risk,” the BofAML team wrote. Just today, Neal Soss, head of the economics team at Credit Suisse, said the drop in people looking for jobs is unlikely to abate for years. ...
It probably had no choice. As in nearly every major economy, the first instinct of policymakers since the crisis began has been to enact measures to slow unemployment growth. If unemployment grew too quickly and caused consumption to fall, it could easily tip the economy into a long-term and...
It is to the nation’s credit that many are receiving unemployment benefits. This is good not only for them and their families but also for the economy as a whole, because it allows them to spend and thereby keep others in jobs. That a noted professor would argue against this is obscene...