10 Kudos

How do you measure recession.


If I tell you that one can measure recession with a measuring gadget, will you believe me?

Yes, I mean the economic recession buddy!

No? You won’t believe?

But you have to buddy. There is a gadget called Slumpometer, used by the economists to measure the the extent to which the recession penetrated the global or national economy.

Factors considered for measuring the recession:

* Unemployment

* GDP

* GDI

Do you know how will I recognize a recession?

If the Ranganathan street is deserted, thne, the recession has truly hit the people of Madras.

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10 Kudos
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