The Generally Accepted Definition of a Recession Is

question 49

Multiple Choice

The generally accepted definition of a recession is

• A)two consecutive quarters of declining real GDP.
• B)two consecutive quarters of declining nominal GDP.
• C)a significant decline in activity visible in industrial production, employment, real income, and wholesale/retail trade lasting more than a few months.
• D)a significant decline in inflation and unemployment lasting more than a few months.
• E)9 months of rising unemployment and falling inflation.

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Definitions:

Gluteus Medius

A muscle of the buttock that is involved in the abduction and internal rotation of the thigh.

Extensor Carpi Radialis

A muscle of the forearm that extends and abducts the wrist.

Biceps Brachii

A large muscle in the upper arm responsible for forearm rotation and flexion of the elbow.

Flexor of Forelimb

Muscles responsible for bending joints and allowing the forelimb to flex.