A recession occurs:
A) When economic growth declines.
B) When there is negative growth in the GDP.
C) Immediately after the peak.
D) All of the above are true.

Name: A recession occurs: A) When economic growth declines. B) When there is negative growth in the GDP. C) Immediately after the peak. D) All of the above are true.
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Question

Quizplus · Accepted Answer

A recession is typically defined as a period of negative growth in GDP, often identified by two consecutive quarters of decline.

A Recession Occurs