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The global economic mayhem of 2008 dragged China's economic growth down from double digits to single digits for the first time since 2002. "The Chinese economy is slowing. But China will not follow the United States. And much of Europe into the economic abyss," said Andy Rothman, a CLSA economist in Shanghai. Growth forecasts were widely downgraded across the rest of Asia Pacific. According to polls, for 7 out of 12 economies, growth in 2009 was similar to growth in 2008. New Zealand was already in recession, and Singapore was not immune to it. At the trivial level the screen is what the respondent is looking at. In the context of an online payment for college survey, the term screen refers to that section of the questionnaire which the respondent can see in their browser window without scrolling. Investment bank Merrill Lynch revised its growth forecast for 2008 in Asia ex-Japan from 8% to 7.7%, and 2009 growth at 7.3%, down from a previous call of 7.8%. Stubborn inflation pressure was to be contended with, although central banks did look like providing support for consumer spending. To support their economies reeling under recession, countries like China, Taiwan, New Zealand, and Australia cut interest rates. India was also struggling with double-digit inflation. The findings of a Dun and Bradstreet survey stated that business sentiment had plummeted to a sixyear low. With the advent of 2009, Indian corporate optimistic level plunged to its lowest in the past six years as consumer spending remained curtailed, bank lending subdued, and companies' expansion plans were put on hold in the wake of the global financial slowdown. Dun and Bradstreet's business optimism index stated that optimism level in the Indian economy for the January March 2009 quarter had dropped to the lowest in 24 quarters. New orders index at a seven-year low of 26 % had decreased by 42 percentage points from Q4 of 2008, and the sales volume optimism index dropped 45 percentage points to 23%, the lowest since Q1 of 2002. Selling prices optimism index at 3% was a decrease of 30 percentage points from Q4 of 2008, and for the January March 2009 quarter, employees' optimism index at 21%, the lowest in four years, was a 12 percentage point decline compared with Q4 2008. Inventory levels optimism index declined by 27 percentage points from Q4 of 2008 and stood at 9%. The survey of Dun and Bradstreet was based on its sample of companies selected at random across a cross section of industries including basic goods, capital goods, intermediate goods, consumer durables, consumer nondurables, and services sectors. This section only addresses those terms that need to be clearly understood in order to follow this chapter. In addition, a glossary at the back of the book covers a much wider range of college online payment online and social media market research terms. Respondents answered questions regarding six parameters, which included volume of sales, net profit, selling prices, new orders, inventories, and employees.