An Informal Definition of a Recession Is at Least ________

question 49

Multiple Choice

An informal definition of a recession is at least ________ consecutive quarters of declining real GDP.

• A)two
• B)four
• C)six
• D)eight

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Definitions:

Common Ownership

Refers to the holding of assets in a manner where ownership rights are vested not in any individual but in a collective or group.

Diggers

A group of Protestant radicals in England during the 17th century, who advocated for common ownership of land.

English Group

A collective or organization associated with England or English interests, possibly focusing on language, culture, or mutual objectives.

English Liberty

The concept and practice of personal freedoms and rights historically protected by law in England, often cited as a foundation for modern democratic systems.