A Recession Is Commonly Defined as a Period with

question 360

Multiple Choice

A recession is commonly defined as a period with

• A) negative growth rate in real GDP that lasts at least two quarters.
• B) positive growth rate in real GDP that lasts at least two quarters.
• C) positive growth rate in real GDP that lasts at least one quarter.
• D) negative growth rate in real GDP that lasts at least one quarter.

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Definitions:

Psychodynamic

A psychological perspective that emphasizes the complex interplay of unconscious and conscious forces that shape personality and behavior.

Cognitive-behavioral

A therapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through goal-oriented, systematic procedures.

Obsessive-compulsive Disorders

A type of anxiety disorder marked by uncontrollable, reoccurring thoughts (obsessions) and behaviors (compulsions) that the person feels the urge to repeat over and over.

Cognitive-behaviorist

A practitioner of cognitive-behavioral therapy, a form of psychotherapy that focuses on modifying dysfunctional emotions, behaviors, and thoughts by interrogating and uprooting negative or irrational beliefs.