Objective the global recession that began in 2008, generally known as the great recession, was the worst
Question:
Objective the global recession that began in 2008, generally known as the great recession, was the worst economic downturn since the great depression of the 1930s.
The objective of this task is a deeper understanding of the relationship between economic indicators and the business cycle. You will track several important economic metrics through this extraordinary recession and recovery.
Write a choose Germany for my country. In the introduction briefly explain the purpose of the paper and Germany. Next, explain the data and chart the relationship between the variable. (i have attached the chart). Then, explain how and why each varied during the course of the great recession. Determine whether each indicator (except GDP, which is the measure of the recession) is Procyclical, countercyclical or Acyclical. Did the indicator move as the discussion in marthinsen suggested?
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry