Friday, 20 February 2009
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Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.
3 comments:
different people give different opinion,whatever the economy will gose like,we must have confidence
the uk is in deep recession, with a large debt and the low consumer confidence.
A ten year recession would be more likely if the government were to further cut aggregate demand by cutting government expenditure. While the level of national debt is worrying it would be more reckless to cut spending and let this recession turn into a full-blown depression.
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