What is true of the European Court of Justice? Multiple Choice It initiates policy and supervises its observance by member states. Its decisions require approval by the top three nations of the European Union. Its decisions are final and cannot be appealed in national courts. It primarily has a consultative role in interpreting the nuances of the EU law. It can amend and adopt Union legislation.

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.