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What Is the Distinction Between a Recession and a Depression

Question 28

Multiple Choice

What is the distinction between a recession and a depression?  


A)  A recession is longer than a depression. 
B)  A recession is more severe than a depression. 
C)  A recession is accompanied by a price increase, and a depression is accompanied by a price decrease. 
D)  A recession is shorter and less severe than a depression.

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