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    Business
  3. Study Set
    Macroeconomics
  4. Exam
    Exam 6: Up Around the Circular Flow: Gdp, Economic Growth, and Business Cycles
  5. Question
    A Depression Is Defined as Three or More Successive Quarters
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A Depression Is Defined as Three or More Successive Quarters

Question 81

Question 81

True/False

A depression is defined as three or more successive quarters of contraction of real GDP.

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