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What Government Should Do To Ease Away This Recession - Politics - Nairaland

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What Government Should Do To Ease Away This Recession by demmymoney(m): 7:58am On Sep 14, 2016
~RECESSION DEFINITION FROM GOOGLE ~

In economics, a recession is a negative economic growth for two consecutive quarters. It is also a business cycle contraction which results in a general slowdown in economic activity.[1][2] Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.

Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

PLS CAN SOMEONE TELL ME WHAT BUHARI IS STILL DOING.THE OLD MAN NEEDS TO CHECK GOOGLE SOMETIMES.

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