Define a recession

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Economic Outlook Symposium W. A Strauss and E Engle 2009 Chicago Fed Letter, Federal Reserve Bank of Chicago

1. Define a recession and reasons why a recession might occur? Use Strauss article.

2. Do you believe in business cycles? What factors are necessary for an expansion to occur?

3. What might your opinion on Preseident Obama's stimulus package? Is it positive or negative and how does it effect the economy?

Reference no: EM1334437

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