Solved

A Double-Dip Recession Occurs When

Question 121

Multiple Choice

A double-dip recession occurs when


A) a recession is twice as long as a typical recession.
B) a recession results in twice the reduction in Real GDP as a typical recession.
C) shortly after coming out of a recession, the economy falls back into another one.
D) a recession results in twice the increase in unemployment as a typical recession.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents