More unemployment
less unemployment
Most likely the Secretary of Treasury.
toothpaste
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.
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.
More unemployment
less unemployment
Most likely the Secretary of Treasury.
toothpaste
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.
reduced spending
Unemployment rate
An economist who favors smaller government during a recession and inflation would likely recommend reducing government spending and lowering taxes to stimulate private sector investment and consumption. They might argue that cutting spending would help reduce inflationary pressures in the long term, while tax reductions could provide immediate relief to individuals and businesses. Additionally, they may advocate for deregulation to encourage economic growth and efficiency. Overall, the focus would be on market-driven solutions rather than increased government intervention.
In a free-enterprise economy, the least likely effect of economic growth would be a decrease in innovation and entrepreneurship. Economic growth typically encourages investment, fosters competition, and drives technological advancements, leading to new business ventures and creative solutions. While some sectors may experience stagnation, overall growth tends to stimulate a dynamic environment conducive to innovation rather than stifling it.
Most likely it was a world wide recession, his father was a Hungarian imigrant.
The real answer for Apex is Job placement agencies