The data below show data for Germany including real GDP (in billions of euros) and the price level. In which of the following year(s) did Germany experience a recession?

Question

The data below show data for Germany including real GDP (in billions of euros) and the price level.  In which of the following year(s) did Germany experience a recession?

Quizplus · Accepted Answer

A recession is defined as two consecutive quarters of negative GDP growth. Based on the data provided, Germany experienced negative GDP growth in 2003, with a decrease in real GDP from €2,244 billion to €2,235 billion. There are no consecutive quarters of negative growth in any of the other years listed.

The Data Below Show Data for Germany Including Real GDP