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Pros & Cons of combating recession by highway building

Supposing that you get a summer intern job and a recession began while you are there. Write a memo to your boss, who is a member of Congress, on the pros and cons of a big highway-building program to combat the recession.

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The response address the queries posted in 647 words with references.

//As per the directions, we will write about the meaning of 'Recession'. We will write about the methods for combating recession through a highway building project. It will assist in understanding the rationale of recession and the methods to be implemented for combating the recession.//

Pros & Cons of combating recession by highway building

Memorandum

Date: April 4, 2008.

To: XYZ Company.

From: Summer Intern.

Subject: Combating Recession through a highway-building project.

Recession is the decline in the GDP or real economic growth in negative direction of a country. However, constant improvements in the infrastructure such as building of highways would help in overcoming this challenge.

Recession means the general decline in the economy experienced over a period of two or more quarters in succession. It is observed that the forces of contraction gain momentum during the period of recession. Such situation gets reflected in the situations of stock market crash and sudden decline in market-prices. Generally, the economy of a country has a tendency ...

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The response address the queries posted in 647 words with references.

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