Why was the recovery from the 20082009 recession so slow?
Question:
Why was the recovery from the 2008–2009 recession so slow?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
No one knows for sure why the US economy remained stu...View the full answer
Answered By
Kelsey Cantwell
Before graduating with my BA, I made sure to rack up as many credits as I could in my craft (English Writing). I proudly boast over ninety hours in literature and writing classes. During my senior year, I organized and acted as Editor-in-Chief for a community of content creators helping them develop work they're proud of. I tutor my colleagues middle and high school aged children in ELA, as well as proofread and edit CMU undergrads' critical essays for basic composition courses (101, 103), final capstone analytical essays, and communication and sociology majors' final presentations.
0.00
0 Reviews
10+ Question Solved
Related Book For
Macroeconomics Canada In The Global Environment
ISBN: 9780321931207
9th Edition
Authors: Michael Parkin, Robin Bade
Question Posted:
Students also viewed these Business questions
-
The recession of 20072009 and its slow recovery led to severe budget cuts in state governments across the United States. Public colleges and universities, which are highly subsidized by state...
-
The following information was taken from the 2008 and 2009 Form 10-Ks for Dell, Inc. Required a. Explain whether each line of information in the table above would best be described as being primarily...
-
The following data was taken from the 2009 and 2008 financial statements of Tasty Sweets Corporation. Calculate the current ratio for each year. What happened to the companys liquidity from 2008...
-
Panamint Candy Company prepared the following amortization table for $300,000 of 5-year, 9% bonds issued and sold by Panamint on January 1, 2021, for $285,000: Required: 1. Prepare the entry to...
-
Consider a queueing system that has two classes of customers, two clerks providing service, and no queue. Potential customers from each class arrive according to a Poisson process, with a mean...
-
The flooring system for a building consists of a girder that supports laterally running floor beams, which in turn support the longitudinal simply supported floor slabs. Draw the shear and moment...
-
What does the research have to say about government employees and their general attitudes toward pay, security, benefits, and challenges of work? Does the same hold for employees of for-profit...
-
Provide examples of important audit objectives for complex financial instruments and transactions. For each audit objective that you identify, list one or more audit procedures that could be used to...
-
please answer Current Attempt in Progress Concord Woods, PSC is an architectural firm that uses activity-based costing. The three activity cost pools used by Concord Woods are: Salaries and Wages,...
-
Using the data in GPA2.RAW, the following equation was estimated: The variable sat is the combined SAT score, hsize is size of the student's high school graduating class, in hundreds, female is a...
-
The 30-kg block is supported by two springs having the stiffness shown. Determine the un stretched length of each spring after the block is removed. C -0.6 m KAC = 1.5 kN/m A -0.4 m- B 0.5 m KAB =...
-
What happens when the Bank of Canada buys securities in the open market?
-
The conjugate of -4 -3i is_______.
-
SOUTHWEST AIRLINES: PROFILE OF A LEADER Airlines have faced economic difficulties with rising fuel costs and increased security standards. While many airlines have faced bankruptcy and corpo- rate...
-
a-1.If the required return is 11 percent, what is the profitability index for both projects? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Project...
-
More info Mar. 1, 2024 Dec. 1, 2024 Dec. 31, 2024 Dec. 31, 2024 Jan. 1, 2025 Feb. 1, 2025 Mar. 1, 2025 Mar. 1, 2025 Borrowed $585,000 from Bartow Bank. The nine-year, 5% note requires payments due...
-
Describe the Leader(s) - Leadership Qualities/Style of Captain America in the movie The Avengers 1 (2012) Describe the actions that illustrate specific leadership characteristics and behaviors of...
-
During the current year, a company exchanged old equipment costing $ 6 4 , 0 0 0 with accumulated depreciation of $ 5 0 , 0 0 0 for a new truck. The new truck had a cash price of $ 8 0 , 0 0 0 and...
-
Find the inverse function f -1 of function f. Find the range of f and the domain and range of f -1 . f(x) = -2 cos(3x);0 < x < 3
-
Decades after the event, Johnson & Johnson (J&J), the 130-year-old American multinational, is still praised for swiftly The company indicated that its response was based on the expectations set forth...
-
If workers in developing Asian economies work more hours than Americans, why are they not the worlds most productive? Americans work longer hours than workers in other rich nations. Americans also...
-
What are the equilibrium real wage rate, the quantity of labour employed in 2010, labour productivity, and potential GDP in 2010? The first table describes an economys labour market in 2010 and the...
-
In 2011, the population increases and labour hours supplied increase by 10 at each real wage rate. What are the equilibrium real wage rate, labour productivity, and potential GDP in 2011? The first...
-
If John invested $20,000 in a stock paying annual qualifying dividends equal to 4% of his investment, what would the value of his investment be 5 years from now? Assume Johns marginal ordinary tax...
-
help asap please!
-
Please, help asap! I have one day. Feedback will be given. & show some work. [in Excel] For the final project you will need you to create a spreadsheet /proforma of the cash flows from a property....
Study smarter with the SolutionInn App