The general rule of thumb is that a recession should be at least how many quarters of negative growth?
A) 1
B) 2
C) 3
D) 4
Correct Answer:
Verified
Q132: A country reported a nominal GDP of
Q133: If nominal GDP is $500 billion and
Q134: Which statement best describes the evolution of
Q135: Which of the following defines recessions?
A) higher
Q136: What is the GDP deflator?
A) a measure
Q138: A country reported nominal GDP of $200
Q139: If a small country has current nominal
Q140: If a small country has current nominal
Q141: According to international studies, larger GDP per
Q142: According to economists, why is it useful
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