Question
To answer the following questions, students should use a sum of relevant economic theories (if require) for the justification of their answers. Students can also
To answer the following questions, students should use a sum of relevant economic theories (if require) for the justification of their answers. Students can also use figures (i.e., supply and demand curves) for presenting their answers.
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.
- Explain the effect of this crisis on USA's labour market in long-run?
- Explain the effect of this crisis on USA government's Budget in long-run?
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The Vanishing American Corporation Navigating The Hazards Of A New Economy
Authors: Jerry Davis, Gerald F Davis
1st Edition
1626562792, 9781626562790
