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Sep 1st-New Economic Terms and Concepts - Coggle Diagram
Sep 1st-New Economic Terms and Concepts
Economic recovery
V shaped curve
Quick recovery
within 2-3 months
U shaped curve
Global slowdown
shrink in growth
with slow return
to trend growth
W Shaped curve
Multiple waves
multiple rebounds
preventing overall
long-term economic stabilization
but allowing targeted recoveries
L shaped curve
Recession
serve decline without
any return to growth
for many years