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Macro-Economics and the Recession
There are linkages between the microeconomic decisions made by managers and the macroeconomic environment. There are numerous examples from the current recession of company layoffs at the micro level, directly influenced by the decline in economic activity at the macro level. For this assignment, research this linkage.
How did the recession impact businesses/managers at the macro and micro levels? You may use one company as the basis of your research.
Submit a 4-page essay, using the writing template, and a minimum of 5 references.
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The assignment is a 1200 words paper that analyses the linkage between macroeconomic events and microeconomics decisions. The Great Recession is the largest recession since the Great depression and widely differs in extent and severity from any other recessions. A sound financial system and modern banking sector are very important for overall economic development for any nation. With the help of a company GM , we have analysed the linkage between the two. The paper is written with APA style of referencing.
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