0
Recession means the period of reduction in trade and commerce in the economy.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
When economic activity in an economy declines it is called?
== == == ==
Define economy policy?
define how you measure the size of the economy
Why the recession in us economy affecting the world economy?
many events
How Is the US Economy Doing?
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.
What are downturns in the economy called?
Recession or a Depression
When economic activity in an economy declines it is called?
== == == ==
Define economy policy?
define how you measure the size of the economy
Why the recession in us economy affecting the world economy?
many events
How Is the US Economy Doing?
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.
What are downturns in the economy called?
Recession or a Depression
Was Japan's economy in recession in 2003?
Yes
If there's a recession in the us economy do it influence the economy's of Asia?
potatoes are round
What is an acceptable unemployment rate?
5.4% when the economy is good. 9.5% when the economy is in a recession.
Explain why tax revenue changes when the economy goes into a recession?
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
Define inflationary economy under US GAAP?
define an inflationary economy
What is a recession economy?
A recession is when the economic activity slows and people start losing their jobs and/or companies slow their hiring.
What is the economy in Bulgaria like as of 2010?
Economy is shrinked a little because of the Economic recession worldwide
