Question
Consider the financial crisis 2007-2009 in USA. Assume that the crisis has been continuing for 10 years. We call this period as a long run
Consider the financial crisis 2007-2009 in USA.
Assume that the crisis has been continuing for 10 years. We call this period as a long run period.
1.Explain the effect of this crisis on USA's labour market in long-run?
2. Explain the effect of this crisis on the levels of Americans' consumption in long-run?
3. Explain the effect of this crisis on the levels of USA's investment in long-run?
I need through explanation
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Public Administration And Law
Authors: David H Rosenbloom, Rosemary O'Leary, Joshua M Chanin
3rd Edition
1439803986, 9781439803981
