A low trough is indicative of "a growing recession" since a trough indicates a general change in the business cycle, which can have varying degrees of importance. A recession could be an important decline in economic activity that goes on for quite many months.
Amit is facing north. He turns 90° right and walks for 50 m, then turns towards the south and walks 50 m, then turns right to walk for another 50 m and from there, he walks 50 m towards north. In which direction/position is he from his original position?
Henry VIII started the process of creating the Church of England after his split with the Pope in the 1530s. Henry was anxious to ensure a male heir after his first wife, Catherine of Aragon, had borne him only a daughter.
Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.
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