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Essay

Unemployment Commentary

Essay specific features

 

Issue:

Business

 

Written by:

George G

 

Date added:

December 8, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 542

 

Was viewed:

583 times

 

Rating of current essay:

 
Essay content:

That marks the third straight month that jobs have fallen - the longest period of decline since early 2003. Now having acknowledged that the US is in a recession it is vital for the government to take appropriate measures to insure an Expansion which will help the economy out of an Depression and in direction of a Peak...
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This process is clearly defined in the business cycle as seen in fig.1. In the case of the US, a recession leads into a Depression which has a lot of identifying characteristics; low income, low output, low demand low business confidence, low Investment, Deflation, Cyclical Unemployment, high Government spending and low import (export ? Balance at Payment surplus)...
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