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Sex

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Issue:

Science

 

Written by:

Patricia B

 

Date added:

October 20, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1692

 

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7198 times

 

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Essay content:

A recession begins just after the economy reaches a peak of activity and ends as the economy reaches its trough. A recession may involve simultaneous declines in coincident measures of overall economic activity such as employment, investment, and corporate profits. Recessions may be associated with falling prices (deflation), or, alternatively, sharply rising prices (inflation) in a process known as stagflation...
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Recessions may be associated with falling prices (deflation), or, alternatively, sharply rising prices (inflation) in a process known as stagflation. A severe or long recession is referred to as an economic depression. Although the distinction between a recession and a depression is not clearly defined, it is often said that a decline in GDP of more than 10% constitutes a depression...
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