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what is the cause of recession?



what is the cause of recession?..

Answer / aruna bs

1. Increasing consumer spending and rising consumer
indebtedness.
2. Ineffective monitory policy.
3. Sub-prime loan which happened in US in the year 2008.
4. Lack of transparency.
5. Lack of market place.
6. Low credit control.

Is This Answer Correct ?    6 Yes 0 No

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