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A recession is a term used to signify two consecutive quarters (6 months) of decline in the nations GDP. This recession is expected to last for atleast another 2 quarters. By the 3rd quarter of 2009 things are expected to be back to normal.
Let us hope for the best.
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Consecutive periods of deflation are also known as?
recessions
What is the primary tool used by the Federal Reserve when it responds to economic booms and recessions?
The primary tool used by the Federal Reserve when it responds to economic boons and recessions is the buying and selling of bonds in open market operations.The buying and selling of bonds in open market operations is the primary tool used by the Federal Reserve when it responds to economic booms and recessions.
What year does the US economy go into recession?
usually since the Andrew Jackson Era, America has been in recessions every twenty years. The latest was was in 2006. It is a normal part of the state economics.
In the business cycle recessions downturns downswings and liquidations are also known as?
contractions.
Why do economists assert that economic recessions are actually beneficail to many homebuyers?
Economists assert that economic recessions are actually beneficial to many homebuyers because both home prices and mortgage interest rates tend to be lowest during recession.
How many recessions has the US had since World War 2 and how long did they last?
8
How many recessions have there been in the US over the past 100 years?
25
What is the idea that rocks form over long periods through the slow geologic processes?
Recessions.
Which is not a cost of recessions?
low unemployment
What actors and actresses appeared in Recessions - 2000?
The cast of Recessions - 2000 includes: Nikolai Kinski as Man Erin Meyers as Woman
Consecutive periods of deflation are also known as?
recessions
What are Consecutive periods of deflation also known as?
recessions
What group was hit hardest by the recessions after the Civil War?
farmers
How could it be a disadvantage if the us dollar drops?
There could be far reaching consequences if the US dollar loses its value. Since a lot of the world's economy depends on how well the US dollar is doing, there could be recessions and economic problems across the world.
Cyclical unemployment?
associated with the business cycle, like during recessions
What is the primary tool use by the federal reserve when it responds to economic boom and recessions?
The primary tool used by the Federal Reserve when it responds to economic boons and recessions is the buying and selling of bonds in open market operations.The buying and selling of bonds in open market operations is the primary tool used by the Federal Reserve when it responds to economic booms and recessions.
What is the primary tool used the federal reserve when it respond to economic booms and recessions?
The primary tool used by the Federal Reserve when it responds to economic boons and recessions is the buying and selling of bonds in open market operations.The buying and selling of bonds in open market operations is the primary tool used by the Federal Reserve when it responds to economic booms and recessions.
