Question about high unemployment rate

Reference no: EM1376235

Despite very low growth of GDP in 2008 and 2009, and still high unemployment rate of 9.5 percent in June 2010. Many experts in economics and business profession have been saying for months that the great recession of 2008-09 was on the verge of its sustainable recovery at a slower pace. Do you agree or disagree with this contention? Answer by listing at least 5 reasons (in your list) to support your response to this question. To be credible, your answers must be based on your knowledge in macroeconomics by referring to relevant macroeconomic variables and key economic indicators.

Reference no: EM1376235

Questions Cloud

Calculating herfindahl index : Determine the Herfindahl index for an industry composed of three companies one with 70% of the market, and the other two with 20 and 10 percent of the market respectively one company with 50% share

Financial and managerial accounting : Indicate the term describe, or answer (none ) if the statement does not correctly explain any of the terms.

Evaluate bakery''s total required production : Evaluate the bakery's total required production in units of baked goods for the entire three months period ending 9/30.

Automotive service franchises in a metropolitan area : outgrown her father's accountant and requires having new ideas to help her save tax dollars so she will reinvest more money in the business. prepare and expects to add six more locations in each of the next two years.

Question about high unemployment rate : Despite very low growth of GDP in 2008 and 2009, and still high unemployment rate of 9.5 percent in June 2010.

Prepare a financial statement analysis : Prepare a financial statement analysis of a public company, which I picked Wal-Mart

Describe the process through which money is created : Explain the process through which money is constructed. Describe how current events less than ninety days have affected this process and the effect current events will have on the economy as a whole.

Adjusted for investee net income : Adjusted for investee net income and dividends as agreed by the equity method. After implementing the change to equity method, if financial statements were prepared

Preferred stock is nonparticipating and cumulative : Preferred stock is nonparticipating and cumulative and Preferred stock participates up to 12 percent of its par value and is cumulative

User Account

All Pages