Why would you call this a recession/depression?

1 Answer

Answer :

We are not currently in a recession, but we will likely soon be if we don’t regain some faith in the market.

Related questions

Description : The phase of gradual fall in income, output and employment is a. Boom b. Recession c. Depression d. Recovery

Last Answer : b. Recession Boom, recession, depression and recovery are the phases of a business cycle. In this phase, business activity is in low gear.

Description : What is the difference between a recession and a depression, and does the former necessarily have to preceed the latter?

Last Answer : Go ask your father and mother.

Description : In these trying times of recession, repression, depression, is there one luxury that you refuse to give up?

Last Answer : HDTV and Internet connection. I must ask-public and watch Lost in HD!

Description : What significant event occurred in 2008 and became the catalyst for what is considered the worst recession in the U.S. and throughout the world since the Great Depression?

Last Answer : The decline of the housing market

Description : What significant event occurred in 2008 and became the catalyst for what is considered the worst recession in the U.S. and throughout the world since the Great Depression?

Last Answer : The decline of the housing market

Description : A period of expansion of business activity is called 1. depression 2. recession 3. slump 4. boom 5. None of these

Last Answer : boom

Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is ? 1. recovery 2. prosperity 3. depression 4. recession 5. growth

Last Answer : depression

Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is: A)recovery B)prosperity C)depression D)recession E)growth

Last Answer : C)depression

Description : f the Kellogg Company decides to build a new cereal plant because it anticipates the next five years will bring low unemployment and increases in buying power, it is forecasting a period of: A)depression B)prosperity C)recovery D)austerity E)recession

Last Answer : B)prosperity

Description : Is it possible to keep the ecomomy at constant growth or are we always doomed to a recession?

Last Answer : I believe everything in life is cyclical so there will always be recessions. The difference is the way we approach them to determine how long they will last.

Description : Are we in a double dip recession here in the US?

Last Answer : answer:No. The economy is still growing, just not very rapidly. The technical definition of a recession is two straight quarters of GDP shrinkage. The latest numbers on GDP growth, jobs and trade ballance are ... and somehow think that porsperity will come to us as long as we do nothing to help it.

Description : Will we have a double dip recession in 2010?

Last Answer : answer:There are many who refuse to believe that we have had a recession, but considering that many companies have figured out how to make a profit without hiring and the true extent of unemployment ( ... still tend to head downwards. But as long as the CEOs are collecting record bonuses, who cares?

Description : If there is a global recession then why do all companies just not cut prices?

Last Answer : The problem is that it's the companies which are losing money, which is why employees' income is being reduced and people are losing their jobs. If the companies cut their profits, more ... more expensive things which will cause other companies to lose money. It's a downward-spiral unfortunately.

Description : Stagflation is a situation of - (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Last Answer : (3) stagnation and inflation Explanation: Stagflation is a situation of stagnation in which the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. Stagflation occurs ... t growing but prices are, which is not a good situation for a country to be in

Description : When too much money is chasing too few goods, the situation is - (1) deflation (2) inflation (3) recession (4) stagflation

Last Answer : (2) inflation Explanation: Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and ... few goods", since only money that is spent on goods and services can cause inflation.

Description : One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : (4) Diversification of exports Explanation: India has rapidly diversified its exports markets from the traditional export partners towards emerging and developing economies. This has played a crucial ... export markets can be noted from the narrowing dependence on selected economies for exports.

Description : When too much money is chasing too few goods, the situation is - (1) Deflation (2) Inflation (3) Recession (4) Stagflation

Last Answer : (2) Inflation Explanation: Inflation occurs when too much money is chasing too few goods. The prevailing view in mainstream economics is that inflation is caused by the interaction of the supply of ... prices is a result from an increase in the supply of money by central banking authorities.

Description : Beyond a certain point deficit financing will certainly lead to - (1) inflation (2) deflation (3) recession (4) economic stagnation

Last Answer : (1) inflation Explanation: Deficit financing is a practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds ... increasing the money supply and the purchasing power of the people which increases the aggregate demand.

Description : Short term contractions and expansions in economic activity are called (1) Expansions (2) Recession (3) Deficits (4) The business cycle

Last Answer : (4) The business cycle Explanation: The business cycle is the fluctuation in economic activity that an economy experiences over a period of time. It is basically defined in terms of periods ... incomes. During recessions, the economy contracts, as measured by decreases in the above indicators.

Description : What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation

Last Answer : (2) Stagnation Explanation: Deficient demand refers to the situation when aggregate demand for goods and services falls short of aggregate supply of output which is produced by fully employing ... which both capital and labor are redundant relative to the opportunities for employing them profitably.

Description : Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : (3) is a measure of the proportional of the existing capital stock used for current production. Explanation: Capacity utilisation refers to the extent or level to which the productive capacity of a ... as a percentage, it is computed by dividing the total capacity with the portion being utilized.

Description : 8. Immediately after a trough, we would expect to have a/an a. peak b. recession c. recovery

Last Answer : c. recovery

Description : A period of expansion and contraction measured by real GDP is called (a) Business cycle (b) Expansion © Recession (d) Contraction

Last Answer : (a) Business cycle

Description : One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : Diversification of exports 

Description : Stagflation is a situation of (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery

Last Answer :  stagnation and inflation

Description : When too much money is chasing too few goods, the situation is (1) deflation (2) inflation (3) recession (4) stagflation

Last Answer : inflation

Description : Beyond a certain point deficit financing will certainly lead to (1) inflation (2) deflation (3) recession (4) economic stagnation

Last Answer : inflation

Description : Short term contractions and expansions in economic activity are called _____ (1) Expansions (2) Recession (3) Deficits (4) The business cycle

Last Answer : The business cycle

Description : What happens when there is a demand deficiency in an economy? (1) Poverty (2) Stagnation (3) Recession (4) Inflation

Last Answer : Stagnation

Description : Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : is a measure of the proportional of the existing capital stock used for current production.

Description : Is the United States of America headed for a depression?

Last Answer : A recession typically lasts 3–6 months. I’m not saying that the U.S. Is entering a depression, but we have been in this “recession” for more than 6 months.

Description : As the Depression worsens, have you made plans for if it really gets bad?

Last Answer : answer:I love Bennigan’s! :( No, Marina… I don’t even have a plan for now. I think if it gets any worse, my plan will be padded walls. Seriously, it sounds sarcastic, but I’m truly scared here. My income barely covers my expenses as it is with the gas prices.

Description : The worldwide Great Depression took place in - (1) 1936 (2) 1929 (3) 1928 (4) 1930

Last Answer : (2) 1929 Explanation: Depression is referred to a period of time during which economic activity is so low for such a long period of time that large numbers of people are permanently unemployed. The great ... world-wide news with the stock market crash of October 29, 1929 (known as Black Tuesday).

Description : The Great Depression occurred during (1) 1914-18 (2) 1929-34 (3) 1939-45 (4) 1922-26

Last Answer : (2) 1929-34 Explanation: Depression is referred to a period of time during which economic activity is so low for such a long period of time that large numbers of people are permanently unemployed. The ... world-wide news with the stock market crash of October 29, 1929 (known as Black Tuesday).

Description : Surplus budget is recommended during (1) Boom (2) Depression (3) Famines (4) War

Last Answer : (2) Depression Explanation: Surplus budget is a budget in which government receipts arc greater than government expenditures. Such a budget is desired when the economy is battling inflation due to excess ... (i) rise in revenue collection by the government and (ii) fall in government expenditure.

Description : "Dear Money" means - (1) low rate of interest (2) high rate of interest (3) depression (4) inflation

Last Answer : (2) high rate of interest Explanation: Dear Money, also known as tight money, is money which has to be borrowed at a high interest rate, and so restricts expenditure by companies. This situation ... supply and demand. Businesses may have a tough time raising capital during a period of dear money.

Description : 7. According to Keynes, when the Great Depression started, the government should have: a. done nothing b. decreased the money supply c. had a large increase in government spending d. enacted high tariffs, such as the Smoot-Hawley Tariff

Last Answer : c. budget surplus of $1000

Description : Depression is characterized by a. unprecedented level of underemployment b. Drastic fall in income c. Drastic fall in output and employment d. All the above

Last Answer : d. All the above Depression is one of the business cycles. Boom, recession, depression and recovery are the phases of a business cycle.

Description : When did the Great Depression hit the United States? a) 2007 b) 1929 c) 1936 d) 2001

Last Answer : b) 1929 The economic depression began after the stock market crash of 1929 that eventually led to the loss of over 13-15 million jobs.

Description : Under progressive taxation, the real value of tax on a given level of real income : (a) decreases under inflation (b) rises under depression (c) rises under inflation (d) remains unchanged under inflation

Last Answer : (c) rises under inflation

Description : The worldwide Great Depression took place in (1) 1936 (2) 1929 (3) 1928 (4) 1930

Last Answer : 1929

Description : The Great Depression occurred during (1) 1914-18 (2) 1929-34 (3) 1939-45 (4) 1922-26

Last Answer :  1929-34

Description : Surplus budget is recommended during : (1) Boom (2) Depression (3) Famines (4) War

Last Answer : Depression

Description : What would you call "periodic" depression?

Last Answer : Try taking the self-test here. See how it comes out.

Description : How many times have you been hit by great recession so far?

Last Answer : 2008. We lost a very profitable speciality construction business, and then our house and land. Still haven't really recovered , that is, we've never come close to making as much money as we did ... -lost rich aunt dying and leaving us everything in her will - I'll probably never own another home.

Description : Is Trump blaming illegal Mexican immigrants for the Great Recession of 2008?

Last Answer : Do you have a reference?

Description : What benefits has America experienced in the wake of the recession?

Last Answer : answer:A long term benefit is the restructuring of the housing finance market. It still has a long way to go, and a lot of people were hurt from 2007 to 2010; but it has gotten at least ... falsified mortgages and low cost enticing loans. In th along run, that will make the economy a bit healthier.

Description : Is the prevalence of zombies in popular culture related to the economic recession?

Last Answer : As far as horror movies go, zombies started getting a lot of attention again in the early 00's, when movies and remakes would come forth like mad. I saw this lasting pretty much until now, and I figured it ... 's beyond me. I just like zombies, and I liked them years before they ' were cool again''.

Description : Has the recession made you kinder?

Last Answer : No, I am unchanged. Kind as always.

Description : If we added an extra day within a week would we recover from recession or worsen?

Last Answer : Is the new day a week day or on the weekend?