[Answered] A recession occurs when real GDP decreases for at least 6 months. Indicate whether the statement ...

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Author Question: A recession occurs when real GDP decreases for at least 6 months. Indicate whether the statement ... (Read 45 times)

tiffannnnyyyyyy

Hero Member
Posts: 512

on: Jun 29, 2018

A recession occurs when real GDP decreases for at least 6 months.

Indicate whether the statement is true or false

Question 2

A period of time in which the quantity of all factors of production used by a firm can be varied is called the

A) market period.
B) variable run.
C) short run.
D) long run.

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cclemon1

Sr. Member
Posts: 312

Reply #1 on: Jun 29, 2018

Answer to Question 1

TRUE

Answer to Question 2

D

tiffannnnyyyyyy

Hero Member
Posts: 512

Reply #2 on: Jun 29, 2018

Thank you

cclemon1

Sr. Member
Posts: 312

Reply #3 on: Jun 29, 2018

No problemo

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Author Question: A recession occurs when real GDP decreases for at least 6 months. Indicate whether the statement ... (Read 45 times)

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