Multiple Choice
The big difference between the Great Recession and the recession of 1982 was:
A) how the economy recovered after the recessions had officially ended.
B) the increase in the unemployment rate that occurred during each recession.
C) the quarterly real gross domestic product (GDP) growth rates at the official start of each recession.
D) the length (duration) of each recession.
E) the total decline in the economy during each recession.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Refer to the following figure to answer
Q59: The model used to study business cycles
Q61: The Great Recession lasted from _ to
Q74: The four major spending categories of GDP
Q76: The Great Recession was different from other
Q78: The Great Recession lasted for _ months.<br>A)
Q80: Referring to the length of time from
Q81: A severe drought hits a country and
Q82: Consider the following data that identifies real
Q124: The Great Recession was most similar to