Purchase Solution

Pros & Cons of combating recession by highway building

Not what you're looking for?

Ask Custom Question

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.

Purchase this Solution

Solution Summary

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

Solution Preview

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 ...

Solution provided by:
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
Recent Feedback
  • "Thank You so much! "
  • "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
  • "great job. I will need another help from you. "
  • "first class!"
  • "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution


Free BrainMass Quizzes
Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.