The term depression best describes
A) all of the recessions occurring after World War II except for the 1990-1991 recession.
B) all of the recessions occurring after World War II including the 1990-1991 recession.
C) all of the recessions that have ever occurred.
D) the 1990-1991 recession.
E) the recessions that occurred in 1920-1921, 1929-1933, and 1937-1938.
Correct Answer:
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Q39: The Great Recession officially ended in
A)December 2017.
B)April
Q40: The economic downturn of 2008-2009 is commonly
Q41: A decline in real GDP that lasts
Q42: The most recent recession officially started in
Q43: Economists generally agree on the cause of
Q45: When examining a graph that plots real
Q46: How long did the recent economic expansion
Q47: To say that a recession is over
Q48: Which of the following best describes the
Q49: The unemployment rate
A)is not related to the
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