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A Recession Occurs Only If There Are Two Consecutive Quarters

question 93

True/False

A recession occurs only if there are two consecutive quarters of declining real GDP.


Definitions:

Ethnicity

Ethnicity refers to the shared cultural, linguistic, or ancestral traits that group people together, differentiating them from other groups.

Race

A categorization of humans based on shared physical or social qualities into groups generally viewed as distinct within a given society.

Women With MBAs

Refers to female individuals who have earned Master of Business Administration degrees, highlighting their advanced education in business management.

Earn Less

Receiving a lower income or fewer financial rewards compared to others in similar positions or roles.

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