Economic Recovery
After the September 11th tragedy, our economy was in serious jeopardy of entering a recession. After months of great decision making by Alan Greenspan, economic analysis, and the benefits of a flexible economy, it seems we have fared very well and are recovering much more quickly than expected. The article “Lessons of Expansion are Helping Economy Beat Recession, Too” by Ip and Gold of The Wall Street Journal, stresses that our economy is much more flexible today than it has ever been before. Industries using modern technology can adjust inventories and analyze sales in a very short period of time which helps them make informed decisions on what to do with their businesses. Keeping production lines running is hindering rises in the rate of unemployment, and offering products to consumers at competitive prices. Aiding the economy in recovery are very low mortgage rates on homes and zero percent fi
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Some common words found in the essay are:
Street Journal, Alan Greenspan, , mortgage rates, labor force, capital spending,
Approximate Word count = 609
Approximate Pages = 2 (250 words per page double spaced)
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