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A Recession Is Often Considered to Be

Question 66

Multiple Choice

A recession is often considered to be:


A) an economic downturn that persists for more than two consecutive quarters of the year.
B) an economic downturn that persists for more than four consecutive quarters of the year.
C) any period of more than six months in which unemployment is rising.
D) any period when the unemployment rate exceeds 6 percent.

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