A Recession Is Defined as Two or More Successive Quarters

question 91

True/False

A recession is defined as two or more successive quarters of contraction of real GDP.

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Definitions:

Convulsions

Involuntary, rapid contractions of muscles which can be a symptom of various medical conditions, including epilepsy and fever.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, which increases heart rate, contracts blood vessels, dilates air passages, and participates in the fight-or-flight response.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, essential for the circulatory system's functioning.

Appetite

The natural desire to satisfy bodily needs, especially for food.