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Social SciencesThe clearest sign is that I'm donating my enotes checks to charity.
Social SciencesIf there is a decline in aggregate demand, the economy is likely to be in a recession. A decrease in aggregate demand is most likely to lead to a decrease in real GDP. Real GDP is determined...
BusinessThe business cycle is a concept that encompasses the economic behavior of an entire economy over extended periods of time. The business cycle is a way of measuring and explaining historic behavior...
Social SciencesRight now, the United States economy is not at a point where inflation is a serious threat. Unemployment is a problem. The country is not in a recession, but it is growing very slowly and this...
Social SciencesThe causes of business cycles are not completely understood. There are some cases in which the cause of a recession or an expansion is fairly clear. In other cases, there is not. Economists do,...