Which of the Following Best Characterizes the Meaning of a Recession

question 3

Multiple Choice

Which of the following best characterizes the meaning of a recession?  

• A) a period during which the percentage of the population employed is declining 
• B) a period during which employment, output, and income are declining 
• C) a period during which the price level is declining 
• D) a period during which more resources are being used

---

Definitions:

Access to Resources

The ability or opportunity to obtain and use necessary resources, such as raw materials, knowledge, or financial assets, which can significantly affect living conditions and economic development.

Birth Spacing Interval

The period between consecutive births, affecting maternal and child health as well as population growth and family planning.

Hunters and Gatherers

Societies or groups that rely primarily on wild sources of food, obtained through hunting animals, fishing, and gathering plants, rather than agricultural cultivation.

Fertility Rates

The average number of children born to a woman over her lifetime within a specific population or country.