While 2009 began on depressing note, the economy showed signs of resurgence towards the end of the year.
Crude oil prices shoot up in tight of increasing demands. Economic growth has shown a marked rise. Domestic mutal fund investments become increasingly volatile. Foreign institutional investors begin on a wary note turn positive. Industrial production moves up.Export growth was flat, but imports showed some volatility. The average prime lending rate was reasonably steady.Sales of passenger cars accelerate.The wpi dipped into negative territory but recovered. The average bank deposite rate was lower at the end of the year.
US Economics
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In 1800-2009 dollar showed a lot of changes.Start with the value of the us dollar in year 1800. this chart tracks relat ive value of the dollar with $1 in 1800 as its baseline.After the war during 1812, the next 35 years of relative peace saw a period of unprecedented growth in production and as a result a currency which had more than doubled in purchasing power by 1850.From 1861 to 1865, the unit...
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Infographic of the Mortgage Crisis
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Absolutely composed articles , regards for entropy.