A deep and prolonged recession is known as a(n)________.
A) contraction
B) stagnation
C) deflation
D) immobilism
E) depression

Name: A deep and prolonged recession is known as a(n)________. A) contraction B) stagnation C) deflation D) immobilism E) depression
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E) A deep and prolonged recession can be considered a depression, which doesn't have an official definition but is generally considered to involve a catastrophic collapse of financial markets.

A Deep and Prolonged Recession Is Known as A(n)________