Economists Usually Use the Term "Recession" to Refer to

question 177

Multiple Choice

Economists usually use the term "recession" to refer to

• A)any slowdown in the growth of real GDP.
• B)zero real GDP growth.
• C)two or more consecutive quarters of declining real GDP.
• D)a reduction in nominal GDP lasting more than six months.

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Definitions:

Subclavius

A small muscle located beneath the clavicle, its action stabilizes and depresses the clavicle.

Erector Spinae

A group of muscles and tendons running along the spine, which extends the back and helps in maintaining an erect posture.

Vertebral Column

The spine or backbone, consisting of a series of vertebrae that enclose and protect the spinal cord.

Interspinales

Muscles located between the spinous processes of the vertebrae, contributing to spinal stability and movement.