Economic performance tends to fluctuate over time. When an economy is growing, we say it is expanding. When it is declining, we say that an economy is contracting. An extended period of economic decline is called a recession. Continue reading
Economic performance tends to fluctuate over time. When an economy is growing, we say it is expanding. When it is declining, we say that an economy is contracting. An extended period of economic decline is called a recession. Continue reading