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Why are recessions shorter than expansions

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1. Why are recessions shorter than expansions?

2. Are recessions a good time for reorganizing and improving the ef?ciency of ?rms?

3. If the economy goes into recession, how will it affect you? Consider not just your in- come but the prices of any assets you might own or commodities you purchase. How can you minimize this impact?

Reference no: EM13887967

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