Economics

When Is The Economy Considered To Be In A Recession?

A recession is a time of decreased general economic activity, usually defined as when an economy’s gross domestic product falls for two quarters in a row. Rising unemployment, falling retail sales, slowing manufacturing growth, and a drop in real personal income are all signs of a recession. Recessions are a natural occurrence in the modern […]

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Is Inflation Normal?

Inflation isn’t always a negative thing. A small amount is actually beneficial to the economy. Companies may be unwilling to invest in new plants and equipment if prices are falling, which is known as deflation, and unemployment may rise. Inflation can also make debt repayment easier for some people with increasing wages. Inflation of 5%

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