The average decline in GDP growth for all recessions since 1950 is ________ percent, but for the Great Recession it was ________ percent.
A) 2.1; 6.1
B) 0.4; 31.4
C) 3.7; 1.7
D) 1.7; 4.7
E) 0; 2.2

Question

Quizplus · Accepted Answer

The average decline in GDP growth for all recessions since 1950 is 1.7 percent, but for the Great Recession, it was significantly higher at 4.7 percent.

The Average Decline in GDP Growth for All Recessions Since