<span>A prolonged economic contraction that is not especially long or severe is called recession.
</span><span>When there is a significant decline in activity across the economy and this is lasting longer than a few months then we have recession.
</span><span>Recession is characterized with the following:
</span>drop in the following five economic indicators: real GDP, income, employment, manufacturing and retail sales<span>.</span>
Answer:
The Millenium Ecosystem Assessment Report (MA, 2005), broadly defines ecosystem services as ‘the benefits humans obtain from ecosystems.’ However…. Not operational for all research purposes (Boyd and Banzhaf 2007, Wallace 2007 and Fisher and Turner 2008, Maeler et al. 2008), and efforts have been made to more carefully classify and understand ecosystem service to make their analysis more operational Fisher et al 2009). Ecosystem services are the direct and indirect contributions of ecosystems to human well-being, they support directly or indirectly our survival and quality of life. I. INTRODUCTION TO THE ECOSYSTEM SERVICES
3. From an economic standpoint an Ecosystem service is ‘a good or service flowing from an ecosystem that is of value to humans and occurs naturally’. Ej = r (N) Ej = jth ecosystem service N = natural capital (ecosystem structure) r = ecosystem function or process Example: Water quality= r (precipitation, terrain, soils, aquifers, biota) Introduction…
Federal agencies is the base of the federal bureaucracy pyramid .
<span>Second, Congress can make any law it needs to, in order to carry out its enumerated powers.</span>