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Financial crisis lead to a recession

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Reference no: EM131416114

1. How, in general, can a financial crisis lead to a recession? How, in general, can a major new invention lead to an expansion?

2. How, in general, do unemployment rates vary by race and ethnicity, gender, occupation, and education? Why does the average length of time people are unemployed rise during a recession?

Reference no: EM131416114

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Financial crisis lead to a recession : 1. How, in general, can a financial crisis lead to a recession? How, in general, can a major new invention lead to an expansion? 2. How, in general, do unemployment rates vary by race and ethnicity, gender, occupation, and education? Why does the a..
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