Answered: The business-cycle roller coaster A…

The business-cycle roller coaster A recession is a decline in real GDP lasting at least: Select one: O a. one year. O b. six months. O c. three months. O d. one month.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter19: Measuring Economic Performance

Section: Chapter Questions

Problem 1P

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Question

The business-cycle roller coaster
A recession is a decline in real GDP lasting at least:
Select one:
O a. one year.
O b. six months.
O c. three months.
O d. one month.

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