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Sunday, April 19, 2009

HI All!

Welcome to my first blog!

Since the time is of RECESSIOn,I thought why not blog on that,so recession as defined as the economic slowdown of a country over a period of time.

The GDP also falls down i.e the gross domestic product (GDP) or gross domestic income (GDI) which is nothing but one of the measures of national income and output for a given country's economy.

To cope up with recession some of the measures that could be taken up is increased government spendings & reducing taxation.I really wonder if this will happen ever?