When Real GDP Falls Toward a Low Point or Trough

question 35

Multiple Choice

When real GDP falls toward a low point or trough it is called a[n]:

• A)boom.
• B)recession.
• C)inflation.
• D)expansion.

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Definitions:

Reconstruction

The period after the Civil War in the United States when the southern states were reorganized and reintegrated into the Union from 1865 to 1877.

Public Offices

Positions of authority or service in government institutions, held by individuals who are either elected or appointed to perform public duties and administer public policies.

Frederick Douglass

was an African American social reformer, abolitionist, orator, writer, and statesman, known for his leadership in the abolition movement and his autobiography detailing his experiences as a slave.

Naturalized Americans

Individuals who were not born in the United States but have legally obtained U.S. citizenship through a formal process.