A Recession Is Best Defined as a Period During Which

question 108

Multiple Choice

A recession is best defined as a period during which

• A)the percentage of the population employed is declining
• B)employment,output,and income decline
• C)the price level is declining
• D)more resources are used
• E)the budget deficit and trade deficit are both growing

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Definitions:

Developing Countries

Nations with lower levels of industrialization, lower standards of living, and often lower Human Development Index (HDI) scores than developed countries.

Primitive Farming

Basic agricultural practices involving simple techniques and tools, typically used in subsistence farming to meet the farmers' immediate needs.

HIV/AIDS

Human Immunodeficiency Virus (HIV) is a virus that attacks the immune system, and Acquired Immunodeficiency Syndrome (AIDS) is the most advanced stage of HIV infection, characterized by the occurrence of any of more than 20 opportunistic infections or HIV-related cancers.

Sub-Saharan African Countries

Nations located in the region of Africa that lies south of the Sahara Desert, often characterizing a geographic and socio-economic grouping.