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Q: Why short term debts during recession?
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What was going on in the US during Obama's term?

Economic Recession


Is better long term or short term debts to borrow money?

100% long term it will turn out to be cheaper


Fewer jobs are available and unemployment is rising during an?

Fewer jobs are available and unemployment rise during a recession. If the recession becomes severe or long term it is then termed a depression.


Long term and short term effects of the great depression?

short term- made the rich poor long term- made the rich poor, New Deal programs set in place were used to cure future depressions, We now know how to get out of a recession


Difference between economic recession and slump?

A slump is just a slang term it could mean recession or it could just mean a short period of time in decline. recession is four business quarters of little or no growth in the economy we have had 1 quarter in the U.S so far


Is inflation going on or recession?

Both inflation and recession are occurring. A special term was coined for that. It is stagflation.


What is term life insurance used for?

Term life insurance is generally used to cover short-term debts, provide additional protection during child raising, help provide the family's loss of income, and provide longer term protection to help pay off a big loan/debt like a mortgage or college.


What is the term for a period of decining production?

recession


What is the term for the people back home during a war?

short


Short-term memory is the stage during which the of memory?

looses


Cosmetics mogul Leonard Lauder coined what term for the theory that the sale of cheap indulgences go up just before and during a recession?

Lipstick indicator


What term starting with an 'r' means economic downturn?

Recession