Compared to other recessions post world war 11 the great recession declined in real GDP which was much larger and lasted longer. It is during the great recession followed the collapse of housing prices and led to the decline in the health of many financial banks and firms.
During the Great Recession, the U.S long run aggregated the supply curve which shifted to the left and the same time demand curve aggregated and shifted to the left in parts because U.S housing prices fell and in the expected income there was a decrease.
<span>2,996 <span>(2,977 victims + 19 hijackers)</span></span>
The <span>authors of the constitution created a balance between federal and state governments and between large and small states by creating the "Great Compromise," which created two houses in the legislature: the Senate (which favored the smaller states) and the House (which favored the larger states). </span>
