The economy Shrunk by 6.2% in the last fiscal quarter
source: http://www.huffingtonpost.com/2009/02/27/economy-shrinks-by-62-wor_n_170489.html
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- pinkerbelle
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The difference between a Recession and Depression: the main difference is that the GDP drops to 10% in a depression and obviously the GDP during a recession is not that bad.
The economy is expected to drop in the first quarter and then a little in the second. Unemployment rates are expected to go higher than the current 7%.
Do you think that Obama's stimulus package will be able to help the economy? and HOW?
The economy is expected to drop in the first quarter and then a little in the second. Unemployment rates are expected to go higher than the current 7%.
Do you think that Obama's stimulus package will be able to help the economy? and HOW?
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Swiyyah
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- 3 years ago
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Swiyyah
