________ is defined as having two consecutive quarters of decline in the country's gross domestic product.
A) Deflation
B) Stagnation
C) Immobilism
D) Stagflation
E) Recession

Question

Quizplus · Accepted Answer

E) If the period of downward swing is severe, the nation may enter into a recession, traditionally defined as two consecutive quarters of decline in the gross domestic product.

________ Is Defined as Having Two Consecutive Quarters of Decline