Can I read US Recession 2001 Analysis by Gholam Khan on EtoBox?
US Recession 2001 Analysis by Gholam Khan by vaneetjain is a document available to read on EtoBox.
What is US Recession 2001 Analysis by Gholam Khan about?
The US experienced a recession from March 2001 to November 2001. Real GDP declined for three consecutive quarters in 2000 and 2001, meeting the standard definition of a recession. The recession was caused by the stock market decline following the dot-com bubble bursting, and the 9/11 terrorist attacks, which increased uncertainty and reduced consumer and business confidence. In response, fiscal policy enacted tax cuts and spending increases, while monetary policy lowered interest rates to shift the IS and L
- Author
- vaneetjain
- Language
- EN