consumer confidence rose in May for the first time in four
months as Britons became more optimistic about the economy.
Contents contributed and discussions participated by Ryo Sakai
FICCI wants government to end monopoly of Coal India - Economic Times - 1 views
U.K. House Prices Rose on Supply Shortage, Nationwide Says - Bloomberg - 1 views
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Consumer confidence rose, which most likely means there will be an increase in consumption, which will grow the economy.
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the number of U.K. mortgage approvals climbed in April, they remained about half the monthly average in the decade to 2007 before the financial crisis struck.
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Shows they still haven't recovered, even though they are getting close.
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Spain goes from boom to bust in a hectic 10 years - Yahoo! News - 4 views
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—Unemployment starts ticking higher. The jobless rate, which stood at 8.3 percent in 2007, jumps to 18 percent in 2009. It is now almost 25 percent. Property prices begin to decline, and the real estate boom eventually bursts, as demand plummets.
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Boom and the bust represents the business cycle. The boom being the positive output gap and the bust representing a negative output gap (recession) In this case Spain was experiencing a boom, but after a while they faced a recession because they did not have spare capacity in the factors of production as they use to have (used too much doing the boom)
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—The conservative Popular Party, led by Mariano Rajoy, takes office in December 2011.
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Boom and the bust represents the business cycle. The boom being the positive output gap and the bust representing a negative output gap (recession) In this case Spain was experiencing a boom, but after a while they faced a recession because they did not have spare capacity in the factors of production as they use to have (used too much doing the boom)
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