A_______ is a very severe recession that is usually accompanied by a decline in the average level of prices.
A)retraction
B)depression
C)dissolution
D)stagflation

Question

Quizplus · Accepted Answer

A depression is a severe and prolonged economic downturn characterized by high unemployment, reduced production, and low consumer demand. It is also usually accompanied by a drop in prices and deflation.

A_______ Is a Very Severe Recession That Is Usually Accompanied