Multiple Choice
The standard definition of "recession" is
A) a period of a positive frictional unemployment rate.
B) two consecutive quarters of falling Real GDP.
C) the lowest point in a business cycle.
D) a period of negative inflation.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Sales tax is an example of an
Q2: Corporate profits can be broken into three
Q3: To derive net domestic product (NDP)from gross
Q4: Real GDP is always measured in<br>A) cheaper
Q6: Net domestic product equals gross domestic product
Q7: Suppose that inventory investment is $20 billion
Q8: Look at the following data: personal income
Q9: Is it possible for a country with
Q10: Compensation of employees is the largest component
Q11: Using the expenditures approach,GDP is equal to