A(n)_________ Is Defined as a Significant Decline in Economic Activity

question 62

Multiple Choice

A(n) _________ is defined as a significant decline in economic activity spread across the economy,lasting more than a few months.

• A) recession
• B) depression
• C) economic deficit
• D) regressive economy

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Definitions:

Like Terms

Algebraic terms that feature identical variables elevated to identical exponents and are capable of being merged.

Evaluate

To determine or assess the value or amount of something.

Six-figure Accuracy

A term indicating a numerical value or calculation is precise up to six digits.

Simplify

To reduce complexity or make easier to comprehend, particularly by breaking down into fundamental elements.