A widespread downturn in activity,usually indicated by successive periods of negative economic growth,is referred to as a:
A)mild depression
B)contraction leading to a recession
C)consequence of disinvestment
D)source of real GDP

Question

Quizplus · Accepted Answer

A widespread downturn in activity indicated by successive periods of negative economic growth is referred to as a contraction leading to a recession. Mild depression is not a commonly used term in economics. Consequence of disinvestment and source of real GDP are not relevant to the given question.

A Widespread Downturn in Activity,usually Indicated by Successive Periods of Negative