what happens to the economy when an economy recovers from recession.
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A supply side recession occurs when an economy is pushed into recession through a supply side shock. For example, a rapid increase in the price of oil would cause an increase in the cost of production and shift the short run aggregate supply curve to the left
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Economic recovery is the business cycle stage following a recession that is characterized by a sustained period of improving business activity. Normally, during an economic recovery, gross domestic product (GDP) grows, incomes rise, and unemployment falls and as the economy rebounds.
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