An informal definition of a recession is at least __________ consecutive quarters of declining real GDP.
A) 2
B) 4
C) 6
D) 8
E) 10
Correct Answer:
Verified
Q18: Economic activity moves through a period of
Q19: Economic activity moves from a trough into
Q20: The duration of an expansion is from
A)
Q21: The following data give the dates of
Q22: Short-term economic fluctuations are _ in both
Q24: The evidence shows that Canadian recessions after
Q25: All of the following are characteristics of
Q26: From 1947 - 2010,the longest recession in
Q27: All of the following are characteristics of
Q28: The recurrent ups and downs in the
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