What is the distinction between a recession and a depression?
A) A recession is longer than a depression.
B) A recession is more severe than a depression.
C) A recession is accompanied by a price increase, and a depression is accompanied by a price decrease.
D) A recession is shorter and less severe than a depression.

Question

What is the distinction between a recession and a depression?  
A) A recession is longer than a depression. 
B) A recession is more severe than a depression. 
C) A recession is accompanied by a price increase, and a depression is accompanied by a price decrease. 
D) A recession is shorter and less severe than a depression.

Quizplus · Accepted Answer

The distinction between a recession and a depression is that a recession is shorter and less severe than a depression.

What Is the Distinction Between a Recession and a Depression