Which of the Following Statements Is Most Correct

question 23

Multiple Choice

Which of the following statements is most correct?

• A) A recession is officially defined as two consecutive quarters where the real growth rate is negative.
• B) A recession officially begins when unemployment exceeds 5.0 percent.
• C) There is no hard and fast definition of a recession.
• D) The official date of a recession is determined by the Federal Reserve Board, but usually with at least a three-month delay.

---

Definitions:

Leisure

Free time not taken up by work, duties, or responsibilities, which can be used for relaxation, hobbies, or personal enjoyment.

Sociology

The study of social behavior, society, patterns of social relationships, social interaction, and culture that surrounds everyday life.

Technology

The application of scientific knowledge for practical purposes, especially in industry and the creation of electronic devices.

Contemporary Recreation

Modern leisure activities that reflect current trends and societal developments, often involving technology or new cultural phenomena.