Multiple Choice
A common definition of recession is a period with
A) a slowdown in real GDP growth but not necessarily negative real GDP growth.
B) negative real GDP growth that lasts at least one quarter.
C) negative real GDP growth that lasts at least two quarters.
D) positive real GDP growth that lasts at least two quarters.
E) positive real GDP growth that lasts at least one quarter.
Correct Answer:
Verified
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