A recession is a period with
A) negative growth rate in real GDP that lasts at least one quarter.
B) positive growth rate in real GDP that lasts at least one quarter.
C) positive growth rate in real GDP that lasts at least two quarters.
D) negative growth rate in real GDP that lasts at least two quarters.
E) a slowdown in real GDP growth but not necessarily negative real GDP growth.
Correct Answer:
Verified
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