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What caused the 1974 recession?
My dick
When do economists believe it is the best time to purchase a house?
During a recession when unemployment is high and interest rates are low (assuming this is for plato) good luck
How does the unemployment rate of Bangladesh compare to unemployment rates in other areas of the world?
According to the Related Link below, Bangladesh had an unemployment rate of only 2.5 % (but its data was reported in 2008). The Link has all the countries rates, and by different dates.
Which happens when the unemployment increases during a recession?
Because more people become unemployed than employed.
What are the poverty rates and unemployment rates of Saudi Arabia?
unemployment rates in Saudi Arabia is at 0.02% and poverty rates is at 5%
Impact of recession?
high interest rates such as the repo rates and high inflation rate
Why do interest rates fall during a recession?
The Federal Reserve lowers interest rates during a recession in hopes to spark economic activity (aka consumer spending).
What is the unemployment rates in Bangladesh?
about 40%
How does the feds counteract a recession?
they try to reduce interest rates
Expansionary fiscal policy includes?
Expansionary fiscal policy is meant to expand the economy by ending a recession earlier, stimulating buying and business success, and decreasing the unemployment rate. This policy is often paired with the lowering of interest rates.
What affects unemployment rates in the US?
Obama.
If the country is in a recession what will the government do to the interest rates to stimulate the economy?
lower
