During recessions, the change in real GDP is:
A) always positive.
B) always negative.
C) usually positive, but can be negative.
D) usually negative, but can be positive.
Correct Answer:
Verified
Q3: The end of a recession is called
Q5: A period in which the economy is
Q9: The following data give the dates
Q10: In the United States since 1929 the
Q12: The following data give the dates
Q14: The following data give the dates
Q15: An informal definition of a recession is
Q16: In reference to short-term economic fluctuations, the
Q17: An expansion is:
A)a period in which the
Q20: The longest expansion of the United States
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