Question
Consider the financial crisis 2007-2009 in USA. Now, assume that the crisis has been continuing for 10 years. We call this period as a long
Consider the financial crisis 2007-2009 in USA.
Now, assume that the crisis has been continuing for 10 years. We call this period as a long
run period.
2.Explain the effect of this crisis on USA's GDP in long-run? (3 marks)
3.Explain the effect of this crisis on USA's inflation rate in long-run? (2 marks)
4.Explain the effect of this crisis on USA's labour market in long-run? (2
marks)
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Dynamic Business Law The Essentials
Authors: Nancy Kubasek
1st Edition
0073377686, 9780073377681
