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Author Question: If real GDP declines for at least one-half year, the economy is experiencing a: a. depression. b. ... (Read 31 times)

soccerdreamer_17

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on: Jun 30, 2018
If real GDP declines for at least one-half year, the economy is experiencing a:
 a. depression.
  b. decline.
  c. recession.
  d. growth recession.
  e. deflation.

Question 2

When the economy is experiencing high inflation and high unemployment at the same time, then it is experiencing:
 a. stagnation.
  b. deflation.
  c. reflation.
  d. stagflation.
  e. innation.


fauacakatahaias

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


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