Extroverts like to be around other people and generally enjoy social situations while introverts are the opposite. Previous studies have shown that people who are extroverted also tend to be more assertive, experience more positive feelings and get more out of rewards in general.
Factors that cause a recession include high interest rates, reduced consumer confidence, and reduced real wages. Effects of a recession include a slump in the stock market, an increase in unemployment, and increases in the national debt. To unlock this lesson you must be a Study.com Member.
What does the DFMS nonlinear probability model tell us about U.S. recessions? Since 1959 the U.S. economy has experienced eight recessions. Figure 1 shows the business cycle indicator, and figure 2 shows the smoothed probabilities of recessions obtained from the DFMS model and the NBER recession dating.