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Why are recessions shorter than expansions

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Reference no: EM132795235

Why are recessions shorter than expansions?

If the economy goes into recession, how will it affect you? Consider not just your income but the prices of any assets you might own or commodities you purchase. How can you minimize this impact?

What role do you think consumer and firm psychology has in driving the business cycle through fluctuations in demand?

Reference no: EM132795235

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