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Will the UK eneter a recession soon?

At the moment it seems likely that the UK will enter a recession officially on paper sometime in early January 2009. Although some would say that we are already in a recession; however for there to be official acknowledgement of a recession on paper, there have to be two consecutive quarters of negative growth. The 1st has just occurred (Announced 24th October 2008) Jul-Sep 2008. This is the 1st negative growth quarter for 16 years, if the next quarter Oct-Dec also has negative growth (will will know this in January 2009) then we (UK) will be officially in a recession. As for the likelihood of this occurring; at this point in time is seems it is inevitable and no matter what anyone does to try to prevent this happening; this is now unstoppable.


What of these conditions is least likely to in recession or depression?

More unemployment


What conditions is least likely to exist in a recession or depression?

less unemployment


If the country is sliding into an economic recession the president would be most likely to consult with?

Most likely the Secretary of Treasury.


What following goods will least likely suffer a decline in demand during a recession?

toothpaste


What can the federal government do to try to bring the economy out of recession?

the federal reserve would try to lower nominal interest rate (monetary policy), not part of govt. The federal govt. would stimulate spending, either by lowering taxes or pumping money into the economy and spending more.


What kind of consumer behavior would most likely be seen during a recession?

reduced spending


Which of the economic indicators is most likely to be high during a recession?

Unemployment rate


What is most likely to limit human population growth-?

Birth Control is what is most likely to limit human population growth.


What was happening in the world when Harry Houdini was born?

Most likely it was a world wide recession, his father was a Hungarian imigrant.


What businesses is most likely to do well in times of recession?

The real answer for Apex is Job placement agencies


Which type of monetary policies would the Federal Reserve most likely use when the economy is struggling?

Expansionary policies