In which of the following years was the recession the most severe in terms of real GDP decline?
A)1945
B)1954
C)1982
D)2009

Name: In which of the following years was the recession the most severe in terms of real GDP decline? A)1945 B)1954 C)1982 D)2009
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Question

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The most severe recession in terms of real GDP decline was the Great Recession of 2008-2009, which saw a decline of 4.3% in real GDP in 2009. The other years listed had recessions as well, but the decline in real GDP was not as severe.

In Which of the Following Years Was the Recession the Most