The Date at Which a Recession Starts Is Called the

question 76

Multiple Choice

The date at which a recession starts is called the

• A) trough.
• B) peak.
• C) plateau.
• D) depression.

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Definitions:

Dependent Variable

A variable that changes as a consequence of a change in some other (independent) variable; the “effect” or outcome.

Independent Variable

In statistical and mathematical models, the variable that is manipulated or changed to observe its effect on a dependent variable.

Candy Store

A retail establishment specializing in the sale of candies, sweets, and similar confectionery products.

Slope

Slope is the measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.