Using the internet, search for two signs that manifest an economic downturn or recession and explain...

Using the internet, search for two signs that manifest an economic downturn or recession and explain why the two you have identified cannot be sufficient for determining a recession.

Defend your views by citing information from the Web and/or your own experiences. Post your response on the Discussion Board and then read and reply to the posts of at least two other students, citing those views with which you agree or disagree as well as your reasons for agreeing or disagreeing.

Expert Solution

Sharing a few reason for economics downturn (Major) through experience and I agree with it and so will you, hopefully, after understanding the points.

(a) Loss of Production Cycle: When demand falls it leads to factors of production become dearer forcing producers to produce less there by needing lesser labour (as a result workforce lose jobs & employment) and even lesser supplies to economy. The prices rise in such a case as a result sales goes down which inturn reduces the consumption (domestic). All these slowly pushes economy to a downturn to recession - a sustained recession pulls depresdion or downturn. It's fatal for production, consumption, investment cycle and increase unemployment there by leading to total chaos in the economy.

Govt through their monetary policies can assess & control and bring Economy back on track.

(b) Currency Devaluation: The BoT is the report card of a country's currency health. It is advisable to have a defict BoT as it create an environment of high production in the economy as exports are lesser than imports. In such a case if currency is devalued then to buy same amount of things one would need more money and as a result inflation creeps-in that slows down the production, consumption & investment cycle. Pushing economy to recession & depression.

The country through its EXIM policies keeps a check on it and avoids adverse situation.

These two factors are not exhaustive and there can be many others reasons for slump in economy like Financial Market Crash, Deflation, Decrease in Manufacturing/ Investment, Crash of Banking System cane be other reasons for recession & depression innyhe economy.

Rahul Sunny answered 1 year ago

The U.S. economy is mired in the worst economic downturn since the Great Recession of 2008/2009....

The U.S. economy is mired in the worst economic downturn since the Great Recession of 2008/2009. The decline in U.S. GDP in the first three months of this year was nearly the equal of that during the Great Recession. Real output is expected to fall by six times as much in the second quarter of 2020. The Federal Reserve Board pledged to provide the liquidity needed to prop up the failing economy. The Fed has bought treasury bills and mortgage-backed...

The U.S. economy is mired in the worst economic downturn since the Great Recession of 2008/2009....

The U.S. economy is mired in the worst economic downturn since the Great Recession of 2008/2009. The decline in U.S. GDP in the first three months of this year was nearly the equal of that during the Great Recession. Real output is expected to fall by six times as much in the second quarter of 2020. The Federal Reserve Board pledged to provide the liquidity needed to prop up the failing economy. The Fed has bought treasury bills and mortgage-backed...

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression....

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression. The recession began in December 2007. Interest rates at the time were very low, close to zero. Despite the American Recovery and Reinvestment Act of 2009, a nearly $800 billion fiscal stimulus and an expansionary monetary policy, the economy is only now getting back to normal in 2015. In retrospect, what set of macro policies, if anything, should we have conducted to achieve a...

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression....

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression. The recession began in December 2007. Interest rates at the time were very low, close to zero. Despite the American Recovery and Reinvestment Act of 2009, a nearly $800 billion fiscal stimulus and an expansionary monetary policy, the economy is only now getting back to normal in 2015. In retrospect, what set of macro policies, if anything, should we have conducted to achieve a...

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression....

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression. The recession began in December 2007. Interest rates at the time were very low, close to zero. Despite the American Recovery and Reinvestment Act of 2009, a nearly $800 billion fiscal stimulus and an expansionary monetary policy, the economy is only now getting back to normal in 2015. In retrospect, what set of macro policies, if anything, should we have conducted to achieve a...

When the economy is heading into a recession, illustrate and explain using diagrams, how economic policy...

When the economy is heading into a recession, illustrate and explain using diagrams, how economic policy instruments can be used by the government and the central bank to prevent this from occurring?

Using the Internet, conduct a thorough search for more information on using charts in Excel and...

Using the Internet, conduct a thorough search for more information on using charts in Excel and discuss one including a use for your response to my post. The purpose is to learn more about the topic you chose. Do not simply list the "how to" steps. We can get that from the etext and the training. Choose a topic from the following: • Session 4.1 • Create a pie chart • Format chart elements • Create a line chart •...

Internet Writing Assignment: Perform an Internet search using one or more of the following terms: traceable...

Internet Writing Assignment: Perform an Internet search using one or more of the following terms: traceable fixed costs, common fixed costs, and/or segment margin. Locate an article (less than one year old) from the results of your search. (Make sure that you do not select an instructor’s lecture notes or a class assignment from the results of your search.) After reading the article, write two or three paragraphs that summarize and comment on the article. (Your paper should provide the...

Search the Internet to explain the foundation isolation against frost action.

Do a search on the internet using the terms special functions differential equations

Question

Using the internet, search for two signs that manifest an economic downturn or recession and explain...

Solutions

Expert Solution

Related Solutions

The U.S. economy is mired in the worst economic downturn since the Great Recession of 2008/2009....

The U.S. economy is mired in the worst economic downturn since the Great Recession of 2008/2009....

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression....

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression....

The Great Recession was the most serious economic downturn in U.S. history since the Great Depression....

When the economy is heading into a recession, illustrate and explain using diagrams, how economic policy...

Using the Internet, conduct a thorough search for more information on using charts in Excel and...

Internet Writing Assignment: Perform an Internet search using one or more of the following terms: traceable...

Search the Internet to explain the foundation isolation against frost action.

Do a search on the internet using the terms special functions differential equations