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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