According to the National Bureau of Economic Research (NBER), what has been dubbed the Great Recession officially began in December 2007 and ended in June 2009. During this recession, national output of goods and services fell from the second quarter of 2008 until the end of the recession in the second quarter of 2009, and then slowly began to increase. When the recession was officially declared as being over, the unemployment rate continued to rise, reaching 10 percent in October 2009 and remained close to that level until April 2010 when it slowly started to decline. During that 10-month period, the net loss in jobs in the U. S. economy was close to 1.4 million. What can explain how it is possible that output can rise while at the same time employment falls?
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Business, 22.06.2019 12:00
In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of:
Answers: 2
Business, 22.06.2019 19:50
Bulldog holdings is a u.s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship
Answers: 2
Business, 22.06.2019 21:40
Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?
Answers: 2
Business, 23.06.2019 01:30
Which of the following is considered part of a country’s infrastructure?
Answers: 3
According to the National Bureau of Economic Research (NBER), what has been dubbed the Great Recessi...
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