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Sad Guy
01-29-2008, 03:56 PM
hi guys,
I'm an international student in US. The professor of the economic class wants us to write a letter to the president about th prices of houses getting high in US. The reason of the problem and the solutions. I really have no idea where he came up with this topic. And I don't really know the economy in America since it's not my country. He wants us to use the terms :

- GDP or output.

- Fiscal Policy.

- Down Turn.

- Recession.

- Subpime Mortgage

Could anyone please help me with any information ?
it's to be turned in in about 5 hours :(

Anza
01-29-2008, 04:01 PM
Umm... I am only 14 and am clueless.
Might I suggest foxnews.com?

DickZ
01-29-2008, 05:00 PM
Just buy a newspaper - most newspaper accounts of this situation have all the terms you included.

Aston
01-29-2008, 05:18 PM
Lol i know GDP means Gross domestic product which is basically the amount the money the country makes and divides it between the population (wages)

Don't have a clue what the rest is :) Good luck with it

Quagmire
01-29-2008, 06:04 PM
go to
www.dictionary.com
use that for ur words. for the other stuff, just keep using google, but gl.
2ndly, way to fix everything, have a different pres and diff vice pres

Quagmire
01-29-2008, 06:08 PM
"Could anyone please help me with any information ?
it's to be turned in in about 5 hours "

lemme guess, procrastiantion :p