2019 Intro to Business Business Cycle Part 2
This storyboard does not have a description.
Good to see you Dr. Phil. I heard the US is experiencing a recession right now.
Yes, that is correct Suzy. The US is experiencing a recession right now. But it is only expected to last a few months.
Suzy, during a recession demands for goods and services decrease. Also, unemployment rises and GDP and production slows down.
Dr. Phil, what does a recession look like?
Dr. Phil, thank you for all this information on prosperity and recession. I hope this recession will end soon.
Yes, Suzy, I hope so too.
Explore Our Articles and Examples