A Common Definition of a Recession Is a Period of Time

question 372

Multiple Choice

A common definition of a recession is a period of time

• A) of at least 6 months during which real GDP decreases.
• B) with an increase in real economic output from the previous period.
• C) with no change in real GDP.
• D) with no change in the dollar (money) value of economic output.

---

Definitions:

Experiment Results

Experiment results refer to the data and findings obtained from conducting a scientific experiment to test hypotheses.

Theory

An arrangement of concepts designed to elucidate a subject, relying on universal principles distinct from the subject being clarified.

Key Words

Important or critical terms that are used to describe the main ideas or points of a subject or a document.

Google Scholar

An internet-based search engine that indexes the full text or metadata of scholarly literature across various formats and disciplines.