Economists Usually Use the Term "Recession" to Refer To

question 7

Multiple Choice

Economists usually use the term "recession" to refer to:

• A)any slowdown in the growth of real GDP.
• B)zero real GDP growth.
• C)two or more consecutive quarters of declining real GDP.
• D)a significant reduction in output and employment lasting more than a few months.

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Definitions:

Transverse Processes

Projections on vertebrae where muscles and ligaments attach, part of the bone's anatomy.

Spinous Processes

Bony projections off the back of each vertebra that can be felt through the skin and serve for muscle and ligament attachment.

Winglike Side Projections

Structural or anatomical parts extending from the side of an object or body, resembling the wings of a bird or insect in shape or function.

Bones Of Children

The developing skeletal structure in children, which is characterized by growth plates and undergoes changes as they mature.