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Niederjohn, M. Scott; Schug, Mark C.; Wood, William C. – Social Education, 2011
The U.S. economy today has been in recovery since 2009. But nearly everyone agrees that the recovery is anemic--too slow to reduce the high level of unemployment. Real Gross Domestic Product (GDP)--the total value of all the goods and services produced in the United States--increased at an annual rate of 2.8 percent in the fourth quarter of 2010.…
Descriptors: Unemployment, Economic Progress, Banking, Employment Patterns