MEMORANDUM TO: Principles of Macroeconomics teacher FROM: RE: Exploration of Macroeconomics info, Assignment #1 DATE: 15 October 2012 My date period to research the bionomic niche was from marching 1991 to celestial latitude 2007. From promenade 1991 until March 2001 there was an elabo arrayness in the economy. After this was the break and peak in the economy. The recession for my meter period lasted octette months. It was from March 2001 until November 2001. During the dates March 2001 until December of 2007 there was a 73 month expansion and a peak in the economy, and demoly after this is when the recession ended. The veritable Gross Domestic crossroad of this time period send away Billions of dollars. It was at 11,360 Billions of dollars and then fell to 11,327. The chart from FRED or national Reserve Economic Data shows that during my period of time the interpret shows that it started at octet billions of enchained dollars and ended up at quadteen billion. Looking at the other groups I form out that my recession was for a short period of time. In group one which is present day the recession lasted for xviii months and it was a really plunge graph. The recession for that group was from December 2002 until June 2009. While the recovery for that time period was from June 2009 to present day.
In group three the recession was from July 1990 to March 1991 and it also lasted eight months. This was just as desire as my group, but is cool it under the average dyad for recession since World fight II which is around eleven months. Also group threes graph is non steep a t all. While group number four had a foresi! ghtful recession. This lasted for sixteen months and was from July 1981 to November 1992. I am non really real why this time period had the eternal recession. The shortest recession which is sound over half of the time or a prescript one is group number 5 with the dates from January 1980 to July 1980. This graph was not steep at all and the unemployment rate was on 7.7 percentage which is not much higher...If you want to bulge out a profuse essay, order it on our website: BestEssayCheap.com
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