What Is a Decline in Real GDP for at Least

question 31

Multiple Choice

What is a decline in real GDP for at least two consecutive quarters?

• A) economic downsizing
• B) recession
• C) depression
• D) resource divestment

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Definitions:

Categorical

Unconditional; absolute; being without exception or qualification.

Distributed

Spread over a wide area or among a large number of people or entities.

O Proposition

In traditional logic, a categorical proposition that is universal in quantity and negative in quality, stating that some members of a category do not belong to another category.

Affirmative Singular Proposition

A statement that positively asserts the existence or some characteristic of a single specific subject.