On a Graph of Real Gross Domestic Product Over Time

question 118

Multiple Choice

On a graph of real gross domestic product over time, recessions appear as

• A)relatively short and shallow drops on an otherwise increasing path.
• B)long, sharp declines on an otherwise increasing path.
• C)the dips on a path that increases and decreases equally.
• D)the periods where the rate of grow, while still positive, slows.