So if your new card has a new number, it can still be linked to your existing account number, which doesnât change. For example, American Express issues separate credit card numbers for each authorized user within an account, but there is just one account number for the primary account holder.
Essay on Causes of Recession. A recession occurs when there is a fall in economic growth for two consecutive quarters. However if growth is very low there will be increased spare capacity and increased unemployment; people will feel there is a recession. This is sometimes known as a growth recession. see also: Definition of Recessions.
A recession is a decline in total output, unemployment rises and inflation falls. 3. The trough is the bottom of the recession period, unemployment is at its highest, inflation is low. 4. expansion (recovery) is when output is increasing, unemployment begins to fall and later inflation begins to rise. Unemployment increases during business cycle recessions and decreases during business cycle expansions (recoveries). Inflation decreases during recessions and increases during expansions (recoveries). Review: Maximizing Satisfaction. The primary reason to study unemployment is that it contributes to scarcity.