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What else can I help you with?
Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
How does the relationship between inflation and recession impact the overall economy?
The relationship between inflation and recession can impact the overall economy in a significant way. When inflation is high, it can lead to a decrease in consumer purchasing power and a rise in production costs, which can slow down economic growth and potentially lead to a recession. On the other hand, during a recession, inflation may decrease as demand for goods and services falls, which can help stimulate economic recovery. Overall, finding a balance between inflation and recession is crucial for maintaining a stable and healthy economy.
When economic activity in an economy declines it is called?
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What is the difference between market economy and subsistence economy?
A commercial economy is an economy that has enough food and supplies left over when used, but a subsistence economy is an economy that has enough food. They don't have he extra left over like a commercial 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
What is difference between depression and a recession?
A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.
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.
