Difference between revisions of "L-shaped recovery"
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Latest revision as of 07:16, 13 May 2020
Economics - depression - recession and recovery.
An "L" shaped recovery resembles a depression, or may even be used as a euphemistic term for a depression.
Following a recession, there is a persistent period of stagnation and high unemployment.
A chart of the key economic measures would resemble a letter "L".