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Economy Of Russia
The phase in the business cycle that Russia is in is Prosperity.
Prosperity is the high point of the business cycle. The Gross Domestic
Product is 796 billion dollars. Russia is partners with Germany in
exporting and importing. The number of imports is 33 billion and the
number of exports are 66 billion. The National Budget is 56.6 billion
dollars. They have 1 radio per 2.9 people. They also have 1 Telephone per
5.9 people. Russia’s education is free and compulsory through ages 7 to
17. The unemployment rate is 8 percent. The inflation rate is 85 percent
and possibly more if monetary policy is relaxed. Russia w ....
Word count: 464 - Page count: 2
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