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Q: What do you call the period of time when the economy is shrinking?
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Why is Peak Oil bad for us?

When oil runs short the price will skyrocket. Oil is a very important commodity in our economy. The higher the price rises the slower our economy will grow. At some point the economy will shrink. Capitalism does not work on a shrinking economy. Global meltdown will be the consequence - unless we find a replacement for oil by that time.


What is NNP?

NNP = GNP-Depriciation it is the net out put in a economy during a period of time.


What is the maximum output that the economy can sustain over a period of time called?

productive capacity


What did they call the time period after the civil war?

Reconstruction ,


What do you call a 100 year time period?

a century


How quantity of money is measured?

In an economy, the quantity of money is measured by the Money Supply. This is the amount of money available in an economy in a specific period of time.


What do you call changes in temperature and precipitation over a short period of time?

We call this weather.


What do European people call daylight saving time?

summer time period


What does the European Union call daylight saving time?

summer time period


How is modern information technology contributing to the shrinking time frames of business transactions?

How is modern information technology contributing to the shrinking time frames of business transactions?"


What is Barack Obama's stance on deficit?

Deficit can be reduced over a period of time...NOT at the expense of the economy.


What do you call an item that is ahead of its time period?

futuristic, revolutionary