This BBC clip questions whether the UK is heading for a recession
http://news.bbc.co.uk/1/hi/business/7495183.stm
a) What is a recession?
b) What happens to aggregate demand in a recession?
c) Why does unemployment rise in a recession?
d) What effect does rising unemployment have in the economy?
e) What actions could the government take to break this downward spiral?
Wednesday, July 09, 2008
Unit 3: Is the UK heading for recession?
Labels:
Aggregate demand,
Economic growth,
Recession,
Unemployment,
Video
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