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What policies would most likely end the recession and stimulate output growth?
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What of these conditions is least likely to in recession or depression?
More unemployment
What conditions is least likely to exist in a recession or depression?
less unemployment
If the country is sliding into an economic recession the president would be most likely to consult with?
Most likely the Secretary of Treasury.
What following goods will least likely suffer a decline in demand during a recession?
toothpaste
What can the federal government do to try to bring the economy out of recession?
the federal reserve would try to lower nominal interest rate (monetary policy), not part of govt. The federal govt. would stimulate spending, either by lowering taxes or pumping money into the economy and spending more.
Will the UK eneter a recession soon?
At the moment it seems likely that the UK will enter a recession officially on paper sometime in early January 2009. Although some would say that we are already in a recession; however for there to be official acknowledgement of a recession on paper, there have to be two consecutive quarters of negative growth. The 1st has just occurred (Announced 24th October 2008) Jul-Sep 2008. This is the 1st negative growth quarter for 16 years, if the next quarter Oct-Dec also has negative growth (will will know this in January 2009) then we (UK) will be officially in a recession. As for the likelihood of this occurring; at this point in time is seems it is inevitable and no matter what anyone does to try to prevent this happening; this is now unstoppable.
What of these conditions is least likely to in recession or depression?
More unemployment
What conditions is least likely to exist in a recession or depression?
less unemployment
If the country is sliding into an economic recession the president would be most likely to consult with?
Most likely the Secretary of Treasury.
What following goods will least likely suffer a decline in demand during a recession?
toothpaste
What can the federal government do to try to bring the economy out of recession?
the federal reserve would try to lower nominal interest rate (monetary policy), not part of govt. The federal govt. would stimulate spending, either by lowering taxes or pumping money into the economy and spending more.
What kind of consumer behavior would most likely be seen during a recession?
reduced spending
Which of the economic indicators is most likely to be high during a recession?
Unemployment rate
What happens when potential growth is greater than actual growth and what macroeconomic problems is that likely to lead?
Potential growth refers to the maximum capacity an economy can grow at, it is always greater than actual growth because an economy cannot realistically function at full capacity. By full capacity i mean full employment, using all resources the most efficient way. Technically there shouldn't be any macroeconomic problems resulting from that because actual growth is always below potential growth, but if it gets further away then it could eventually lead to a recession.
What is most likely to limit human population growth-?
Birth Control is what is most likely to limit human population growth.
Which type of monetary policies would the Federal Reserve most likely use when the economy is struggling?
Expansionary policies
What was happening in the world when Harry Houdini was born?
Most likely it was a world wide recession, his father was a Hungarian imigrant.
