A Significant Decline in Economic Activity Spread Across the Economy

question 60

Multiple Choice

A significant decline in economic activity spread across the economy and lasting for at least six months is a​

• A)​catastrophe.
• B)​recession.
• C)​boom.
• D)​latent function.

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Definitions:

Minor Premise

The second proposition in a syllogism, offering a specific instance of the generalization stated in the major premise.

Mood

The emotional state or atmosphere that a speaker implies through their choice of words and sentences in language.

Syllogism

A form of reasoning in which a conclusion is drawn from two given or assumed propositions (premises), typically using a major and a minor premise to arrive at a logical conclusion.

Premise

A declaration or assertion that forms the basis for another to be deduced or concluded.