by Dan | Sep 30, 2021 | Economics
Write a post of 1 to 2 paragraphs, and include an image of your AD/AS model. Between 2007 and 2009, the United States experienced a severe financial crisis and economic downturn commonly known as the Great Recession. Starting in 2006, housing values fell 30%, causing...
by Belinder | Jun 12, 2021 | Economics
Aggregate demand and supply Macropoland, a country that is a natural gas and oil importer, has a natural rate of unemployment (at the full employment level of GDP) that is about 4.5%, and the long run average rate of inflation over time has been about 2%. However,...
