Most recessions and depressions
A)are accurately forecasted.
B)usually occur with ample advance warning.
C)cause falling unemployment.
D)occur with little advance warning.

Question

Quizplus · Accepted Answer

Most recessions and depressions occur with little advance warning. Economic indicators such as GDP, employment levels, and consumer spending can give some indication of a possible downturn, but these signals are usually imprecise and can be misleading. It is often difficult to predict the onset and severity of a recession or depression due to the complex and dynamic nature of the global economy. Therefore, most recessions and depressions come as a surprise and catch many people off guard.

Most Recessions and Depressions