A recession is a decline in
A) the inflation rate that lasts six months or longer.
B) the unemployment rate that lasts six months or longer.
C) real GDP that lasts six months or longer.
D) potential GDP that lasts six months or longer.
Correct Answer:
Verified
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A)occurs when
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Q152: In which industry or sector of the
Q154: The unemployed are those people who
A) do
Q154: The Great Recession that started in 2007
Q156: A trough in the business cycle occurs
Q157: In the expansion phase of a business
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