Author Question: A recession conventionally is defined as a decrease in A) real GDP that lasts for at least six ... (Read 22 times)

kshipps · **on:** Jun 29, 2018

A recession conventionally is defined as a decrease in

A) real GDP that lasts for at least six months.
B) the growth rate of real GDP that lasts for at least six months.
C) potential GDP that lasts for at least six months.
D) real GDP that lasts for at least three months.
E) the inflation rate that lasts for at least six months.

Question 2

Phillip is going for a job interview. He will have a higher bargaining power if:

A) he is the only applicant.
B) there are several applicants.
C) no other company has a job opening.
D) he is a college freshman.