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  3. Study Set
    Macroeconomics Principles Problems and Policies
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    Exam 9: Business Cycles, Unemployment, and Inflation
  5. Question
    A Recession Is a Decline In
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A Recession Is a Decline In

Question 3

Question 3

Multiple Choice

A recession is a decline in:


A) The inflation rate that lasts six months or longer
B) The unemployment rate that lasts six months or longer
C) Real GDP that lasts six months or longer
D) Potential GDP that lasts six months or longer

Correct Answer:

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