High School Calculus and Economic Recovery

"But history also shows that when fear [from the financial crisis] lifts, the economy returns not to normalcy but to wherever it was when the crisis began, Mr. Harris said. That means that even if order is restored to the financial system, the economy will still be staring at a recession."

If health of the economy is represented by a continuous function f(t) where t is time and a “financial crisis” < recession < “normalcy”, then the intermediate value theorem proves this comment.

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Larry Salibra

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