According to Convention,a Recession Is Referred to If an Economy

question 54

Multiple Choice

According to convention,a recession is referred to if an economy goes through

• A)at least two consecutive quarters of negative growth.
• B)at least three consecutive quarters of negative growth.
• C)at least four quarters of negative growth.
• D)at least two consecutive months of negative growth.

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Definitions:

Professors of Finance

Academic professionals specializing in finance theory, financial market analysis, and investment strategies.

Professors of Economics

Academics specialized in the study of economics, typically working in universities or colleges, conducting research, and teaching students about economic theories and principles.

Supply

The overall quantity of a particular product or service that is accessible to buyers.

Productivity Workers

Employees whose output per period of time increases due to improvements in technology or work methods.