According to Moody's Analytics, between the pre-recession high in the second quarter of 2008 and the low reached in the first quarter of 2009, the Great Recession resulted in a loss of more than $2 trillion in global economic growth, or a decline of about 4 percent.
The global financial crisis, which began in developing nations in late 2007, had a significant impact on developing countries. Emerging and developing economies' economic growth sharply decreased from 13.8% in 2007 to 6.1% in 2008 and 2.1% in 2009. (IMF, 2009a, and 2010). Cheap credit and loose lending rules, which created a housing bubble, were the root causes of the Great Recession of 2008.
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Answer:
change in the Money supply = $2000
Explanation:
given data
deposit = $1,000
reserve ratio = 0.50
to find out
how much will checking deposits in the banking system increase as a result
solution
we get here change in the Money supply that is express as
change in the Money supply = Change in the Monetary base × Money multiplier ............................1
here
Money multiplier = ..................2
Money multiplier =
Money multiplier = 2
put value in equation 1
change in the Money supply = 1000 × 2
change in the Money supply = $2000
Answer:
Option C is correct P(q) = -0.005q^{2} + 2.25q - 100
Explanation:
Profit P(q) = R(q) – C(q)
Profit = Revenue – Cost
So,
P(q) = -0.005q^{2} + 2.5q - 100 – 0.25q
P(q) = -0.005q^{2} + 2.25q - 100
In order to find break even, you should plug 50 and 400 into the formula P(q) = -0.005q^{2} + 2.25q - 100
Answer:
When entering the provider's Social Security number (SSN) or employer identification number (EIN) in CMS-1500 Block 25, a