A 'Technical Recession' Is Defined as

question 81

Multiple Choice

A 'technical recession' is defined as

• A) one year of negative economic growth.
• B) six months of negative economic growth.
• C) a contraction in the economic growth rate from 5 per cent to 3 per cent.
• D) a period of rising prices.

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Definitions:

Tolerance

The allowable deviation from a standard measurement in the manufacturing process, determining how much a part can vary from a specified dimension.

Locational Transition Fits

A type of fit specifying a range wherein there may be either a slight interference or clearance between parts, used for parts requiring precise alignment.

Clearance

The amount of space or distance allowed between two parts for proper fit, function, or movement.

Interference Fits

A type of fit in mechanical engineering where two parts are so tightly fit together that they deform each other to stay in place.