Recessions are identified by
A) severe and long-lasting phases of decreased output
B) high employment
C) constant output
D) decreasing output
E) low unemployment

Name: Recessions are identified by A) severe and long-lasting phases of decreased output B) high employment C) constant output D) decreasing output E) low unemployment
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

Recessions are identified by decreasing output, which can be seen through declines in gross domestic product (GDP) or industrial production.

Recessions Are Identified by