A recession is a period of economic decline, were the GDP shrinks, unemployment rises up, wages get stagnated and retail sales drop.
What the Federal Government normally do is apply Expansionary fiscal policies, to help elevate the demand levels, like <em>i</em><em>ncreasing government spending and reducing taxes</em>.
Thereby the answer is (b)
Answer:
The decision will also be applicable in ongoing and ensuing elections.
Chandigarh:
Election Commission of India (ECI) on Monday announced an increase in expenditure limit 10 per cent for candidates contesting Assembly and Lok Sabha elections.
According to the letter issued today, this decision will also be applicable in ongoing and ensuing elections.
Giving information in this regard, Punjab State Chief Electoral Officer S Karuna Raju said that two-member committee has also been constituted by the commission. He said that now onwards candidates contesting Lok Sabha elections in Punjab would be able to spend ₹ 77 lakh instead of ₹ 70 lakh, while candidates contesting Assembly elections will be able to spend ₹ 30.80 lakh instead of ₹ 28 lakh.
Answer: it wouldnt let me add my answer cause it was innapproate
Explanation: