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  • Social Sciences
    It is hard to prove that the economic recovery is “progressing” because there are many different ways to define economic progress. People who do not like the President, for example, are likely...

    Asked by Karen P.L. Hardison on via web

    2 educator answers

  • Social Sciences
    If 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...

    Asked by pamela0317 on via web

    1 educator answer

  • Business
    The 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...

    Asked by kristenmariebieber on via web

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  • Social Sciences
    Right 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...

    Asked by yemawe52 on via web

    1 educator answer

  • Social Sciences
    The 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,...

    Asked by yemawe52 on via web

    1 educator answer