Fragile Spanish Economy Limps Out of Recession
Economics is the study of human behavior. How people make decisions and purchase goods. That's how my AP econ book defines it. You can use that and go in a direction like. Everything we do is based economics. We weigh the cost and effects of buying dinner versus buying a new CD. Every choice we make has to do with trade offs. This is called a Cost-Benefit Analysis. Inflation is a steady increase in the prices of goods and services in a country. This decreases the purchasing power of currency by reducing the amount of goods or services a person can get for the same amount of money. Inflation is the product of Spain high and long-lasting unemployment rate that has been steady at 25% since 2012. "However, domestic demand is still contracting and against that backdrop it's hard to see a strong and sustained recovery." This quote represents the dilemma that Spain is currently in.
U.S. adds 204,000 Jobs in October, beats Forecasts Economics is the study of human behavior. How people make decisions and purchase goods. That's how my AP book defines it. For the past couple of months the US economy has been in a downfall, but surprisingly in October 204,000 jobs were added; which were 79,000 more than predicted. The 16 day government shutdown had little effect on the market, but it did hinder investors. The shutdown caused them to think twice about their investments. Quantitative easing(QE) seems to be a big way of saying “injecting money into the economy.” The Federal Reserve in the U.S. has tried to address some of the problems facing America’s economy by “flooding” the economy with assets that can turned into cash with hopes that it gets the banks to create more loans and people to start spending again. Although I think this may lead to inflation. So far the fears of inflation have not come true, but QE has, not yet, worked to get people to keep spending. While in turn getting the