Recessions Are Commonly Defined to Occur

question 250

Multiple Choice

Recessions are commonly defined to occur

• A) whenever unemployment increases.
• B) when growth in real GDP decreases for two consecutive quarters.
• C) when growth in real GDP is negative for two consecutive quarters.
• D) when the unemployment rate exceeds 6 percent.

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Definitions:

Unconscious Processes

Mental activities well below the level of conscious awareness that influence thoughts, feelings, and behaviors.

Slips of the Tongue

Unintentional errors in speech where words are misused, often revealing unconscious thoughts or feelings.

Maslow's Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow that categorizes human needs into a five-level pyramid, with physiological needs at the bottom and self-actualization at the top.

Realizing Potential

The process or act of achieving one's full ability or capacity through personal development and growth.