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by banish-m4
758 days ago
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Wat? Macroeconomic observations don't individually track every single microeconomic occurrence and assign a root cause that "Bob did it". There are many possible factors leading to recession but no singular root cause because it's macroeconomic, some include: - OXPC: Over-expansion of productive capacity - Contraction of credit - Contraction of demand - Knock-on effects of layoffs harming other sectors |
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