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Slump

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Possible Answers:

SAG.

Last seen on: Eugene Sheffer – King Feature Syndicate Crossword – Jan 5 2023

Random information on the term “Slump”:

Heterodox

In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale anthropogenic or natural disaster (e.g. a pandemic).

In the United States, a recession is defined as “a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.” The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply and decreasing interest rates or increasing government spending and decreasing taxation.

Slump on Wikipedia

Random information on the term “SAG”:

In geology a sag, or trough, is a depressed, persistent, low area; the opposite of an arch, or ridge, a raised, persistent, high area. The terms sag and arch were used historically to describe very large features, for example, characterizing North America as two arches with a sag between them.

Also, a sag is a former river bed which has been partially filled with debris from glaciation or other natural processes but which is still visible in the surface terrain. Sags formed by the former river beds of large rivers often become the valleys of smaller streams after a change of course by the main river.

Examples of sags include the former continuations of the Grand, Moreau, and White rivers in South Dakota in the United States. Before the last ice age, these rivers continued eastward past their current confluences with the present course of Missouri River. The sags are prominently visible on the plateau of the Missouri Coteau, allowing small streams to drain into the Missouri from its eastern side.

SAG on Wikipedia

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