By Common Definition, a Recession Occurs When

question 227

Multiple Choice

By common definition, a recession occurs when

• A) the international deficit worsens for at least two successive quarters.
• B) the government budget deficit exceeds the national debt.
• C) the inflation rate exceeds 3.5 percent.
• D) real GDP decreases for at least two successive quarters.

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Definitions:

Salivary Amylase

In humans, enzyme in saliva that digests starch to maltose.

Secretin

A hormone produced by the small intestine that stimulates the pancreas to release bicarbonate-rich fluids, aiding digestion.

Chyme

Thick, semiliquid food material that passes from the stomach to the small intestine.

Sodium Bicarbonate

A chemical compound commonly known as baking soda, used in baking, cleaning, and as an antacid.