Recessions Are Commonly Defined to Occur

question 23

Multiple Choice

Recessions are commonly defined to occur

• A) when growth in real GDP decreases for two consecutive quarters.
• B) when growth in real GDP is negative for two consecutive quarters.
• C) whenever unemployment increases.
• D) when the unemployment rate exceeds 6 percent.

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Definitions:

Tricuspid Valve

A valve in the heart that lies between the right atrium and the right ventricle, preventing backflow of blood from the ventricle to the atrium.

Trabeculae Carneae

Muscular ridges on the internal surface of the heart's ventricles.

Aortic Semilunar Valve

A valve in the heart located between the left ventricle and the aorta that prevents blood from flowing back into the heart after it has been ejected.

Chordae Tendineae

Tendon-like cords in the heart that connect the papillary muscles to the tricuspid valve and the mitral valve, preventing their inversion during contraction.