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Essay / Research Paper Abstract
This 5-page paper discusses how the 2008 recession is impacting inventory. Bibliography lists 10 sources.
Page Count:
5 pages (~225 words per page)
File: D0_MTinverece.rtf
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Unformatted sample text from the term paper:
the student has suggested that at least half the sources used be from the Wall Street Journal, National Review, Economist, Journal of Economic Perspectives and Journal of Economic Literature, the
latter two were unavailable. This paper has provided some substitute publications that should hopefully work in this context. A paper of this
type would begin with an introduction, perhaps outlining what tends to happen in a typical recession. During recessionary times, people cut back on spending, partly because they lack confidence in
the economy. Another reason is because they may be unemployed. As people stop spending, demand for goods goes down. This means fewer people are needed to manufacture goods. Companies cut
back on employees, partly because demand goes down and partly because cost-cutting measures are initiated due to a decrease in revenue. More people losing their jobs means fewer people spending
money, meaning less demand for goods, and so on. Also meaning that businesses, at this time, are working to bring supply in line with demand (Shin, 2009).
The student can also point out that during the financial boom of the mid-2000s, (and even before that time) available credit, low interest rates
and more home buyers meant more people were buying (Favaro et al, 2009). The U.S. economy grew 5% annually from 1997 to 2006 - but the retail sector grew more
than double that pace during the same time period (Favaro et al, 2009). As a result, retailers also expanded, building more stores and adding more inventory to those retail outlets
(Favaro et al, 2009). In this section, the student should point out that things were starting to change, even before the
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