Different Shapes of Economic Recovery (K, L, U, V, W & Z )
The fundamental difference between the different kinds of economic recovery is the time taken for economic activity to normalize. In this article, let’s try to take a brief look how K, L, V, U, W & Z Shaped economic recovery compare. L–shaped Economic recovery An L–shaped recovery is a type of recovery characterized by a slow rate of recovery, with persistent […]
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