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Mumz [18]
3 years ago
8

What is the name of the period when an economy begins to shrink

Social Studies
2 answers:
xxMikexx [17]3 years ago
8 0

The period when an economy begins to shrink is referred to as recession. This period is characterized with fall of the economic indicators such as GDP, corporate profits, employments, etc.Increased spending by the government and decreased taxation can lead  slowdown in economic activities and to this economic situation.

Ket [755]3 years ago
3 0
It was know as the stock market crash or great depression
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A committee specially appointed to iron out the differences between House and Senate versions of the same bill, so it can get to the Governor is called a conference committee.

<h3>What is the objective of the conference committee?</h3>

The conference committee is designed to eliminate the differences rise between both the House and Senate versions of the bill to pass any bill to become a law.

The commanding officers of the panel first deal with the bill which designates senior members to the committee. The lawmakers from each chamber collaborate to keep their draft of the bill.

If the Conference Committee manages to come to an agreement, it drafts a formal report and sends it to each chamber. This conclusion helps to sort the difference between both the parties.

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