Discuss some issue related to great recession

Assignment Help Business Economics
Reference no: EM131039105 , Length: 5

Question: Read lecture note.

Summery and discuss some issue related to Great recession.

This is labor economics. Essay should related to labor economic.

The Great Recession and its aftermath

We begin the course with a look at the most significant event of the 21st century for the United States labor market: the Great Recession of 2007-2009. To put the Great Recession into context, we will examine data that compare the Great Recession to the most significant event of the 20th century for the U.S. labor market, the Great Depression of the 1930s. We will also compare the Great Recession to its immediate predecessors as post-World War II recessions (from the 1970s until the early 2000s). A major emphasis in this first part of the topic, then, will be to assess in what ways the Great Recession is different from its predecessors, and in what ways it is similar.

Consider first what we mean by recession. There is no official definition of recession, and no official body to decree that one has begun or ended. Indeed, a clear picture of the state of the economy usually comes only months or even years later. Recessions are frequently described as two or more quarters of a declining gross domestic product.

If possible, please use source from lecture note.

Total 5 pages.

Attachment:- us_business_cycle.pdf

Reference no: EM131039105

Questions Cloud

What and whom you solicit : Max Wideman's PM glossary defines solicitation as the purchasing, renting, leasing, or otherwise obtaining supplies or services from vendors. Contracting includes description, but not determination, of supplies and services required, selection and..
The problem-the case of tracking the terrorists : A bill has just been introduced in the Legislature, with wide bi-partisan support, that would create a database for creating a "network" of information by which to track non-documented workers and potential terrorists. The information that would b..
What market structure benefits from economies of scale : Explain economies of scale. What market structure benefits from economies of scale? Which company do you suppose has advantages of economies of scale?
Ge healthcare switches from waterfall to agile : GE Healthcare (www.gehealthcare.com) is a $17-billion business unit of General Electric (www.ge.com) that manufactures products designed to make clinicians more productive. These technologies, which range from high-definition CT scanners to diagno..
Discuss some issue related to great recession : Summery and discuss some issue related to Great recession - This is labor economics. Essay should related to labor economic.
Why the fto you selected would find this target valuable : present a recovery plan in the event such an attack is successful: (address any and all applicable DHS organizations within the DHS umbrella and the role they will play)
Virgin america has problems converting to a new reservation : Reservation systems are the digital nervous systems of airlines. Among other things, reservation systems store, organize, and calculate flight schedules, prices, and passenger lists. To future growth, Virgin America (www.virginamerica.com) switche..
Identify the current import policies : Conduct a search at GlobalEdge.msu.edu to identify the current import policies, tariffs and trade restrictions in FINLAND. Other useful sites include the World Trade Organization (www.wto.org). Enter FINLAND in the WTO search box (top right corner)..
What degree is the student working towards : Copy and paste the work into your Key Assignment document and include screen shots of each step, describe what you did for each step and paste in the actual SQL text used to perform each step. Upload your document to the Submitted Tasks section.

Reviews

Write a Review

Business Economics Questions & Answers

  The demand for its products was elastic

Describe the macroeconomic factors that caused headwinds for McDonald's in 2012. Please include sources with your answer. Give examples of oligopolistic behavior among the rivals in the fast-food industry. Regarding the discussion of when McDonald's ..

  Regression analysis between sales and advertising

A regression analysis between sales (in $1000) and advertising (in $100) resulted in the following least squares line: y = 75 + 6x. This implies that if advertising is $900, then the predicted amount of sales (in dollars) is

  Rational self-interest play in economic analysis

What role does rational self-interest play in economic analysis?

  Explain how would we measure the cost of the project

Explain how would we measure the cost of the project to determine whether it is worth undertaking.

  After-transfers family income is the sum

According to the human skills theory of comparative advantage, developing countries would be expected to have a(n). After-transfers family income is the sum of

  Preference methods of valuing non-marketed goods

Economists tend to favor revealed preference methods of valuing non-marketed goods like environmental quality and natural resources. What are two reasons why revealed preference methods may lead to poor estimates of these values?

  Nasa please respond to the following analyze the methods

nasa please respond to the following analyze the methods used by nasa in itsstructured profit approach and speculate on

  Q willie lohmann travels from city to city in the conduct

q. willie lohmann travels from city to city in the conduct of his business. every other year he buys a used car for

  Decrease in supply with no change in demand

If the price of apples rises and the quantity of apples exchanged decreases, then we know that there cannot have been a: decrease in supply with no change in demand.

  How much of each good will he demand

Edmund has the utility function U(x, y) = 2xy + 1. The prices of x and y are both $1 and Edmund has an income of $20. How much of each good will he demand? A tax is placed on x so that it now costs Edmund $2 while his income and the price of y stay t..

  Explain the factors that cause an increase in demand

List and explain the factors that cause an increase in demand (i.e., shift the demand curve to the right). If price is or is not one of these factors, explain why? List and explain the factors that cause an increase in supply ( i.e., shift the supply..

  What are transnational corporations

What are transnational corporations (TNCs, or multinational corporations, MNCs) and how are they different from other business firms? Why hove the MNCs become more important in international political economy during the past three decades? What kind ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd