Hi
A recession is a contraction phase of the business cycle, or "a period of reduced economic activity."[1][2] The U.S. based National Bureau of Economic Research (NBER) defines a recession more broadly as "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales."[3] A sustained recession may become a depression.
Some business & investment glossaries add to the general definition a rule of thumb that recessions are often indicated by two consecutive quarters of negative growth (or contraction) of gross domestic product (GDP).[4][5] Newspapers often quote this rule of thumb, however the measure fails to register several official (NBER defined) US recessions.[6]
Contents
[hide]
• 1 Attributes of recessions
• 2 Predictors of a recession
• 3 Responding to a recession
• 4 Central bank......
View the rest of this paper...
Approximate Word Count: 16595
Approximate Pages: 67 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Investing In Hi-Tech Industries In China: Pros And Cons
Investing in Hi-Tech Industries in China: Pros and Cons 1.0 Introduction China introduced market reforms in the early 1980s; only a third of the economy is now directly
-
Hello
Hello Hi my name is eric im a sagitarius and i enjoy long walks on the beach. that is my autobiography. Hi my name is eric im a sagitarius and i enjoy long walks on the beach.
-
Hi Crack Yahoo Id
Hi Crack Yahoo Id 1. Describe the role of inetinfo.exe, aspnet_isapi.dll andaspnet_wp.exe in the page loading process. inetinfo.exe is theMicrosoft IIS server running, handling
-
My Life
My Life hi i enjoy flowers and smelling them while listening to taylor swift this is cool ok um i need to read this essay that someone wrote because it will help me learn about
-
Hiv/Aids German
HIV/AIDS german Inhalt: 1. Das HI-Virus 1.01 Definition 1.02 Struktur 1.03 Geschichte 1.04 Wie funktioniert das HI-Virus? 2. Die Krankheit AIDS 2.01 Ansteckung / Übertragung 2.02
Frat Files
Members
Information
© 2009 FratFiles.com.