Choose a product you're familiar with, and then write answers to the following.
a. Give an example of natural capital that is used to make this product. (Complete
sentences are not necessary. 2.0 points)
b. Give an example of human capital that is used to make this product. (Complete
sentences are not necessary. 2.0 points)
Err... can someone explain this to me too?
Answer: The economy is likely to suffer from a recession
Explanation:
Contraction simply means when a particular economy is in decline. When the real gross domestic product for a certain economy reduces for two quarters, then it is said that recession is taking place in such economy.
When a particular economy plunges into contraction, this will likely lead to more unemployment in the economy. When there's recession, there's a reduction in the level of activity for that economy and there's also the reduction in the demand for goods and services.
