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Author Question: A recession occurs when real GDP decreases for at least 6 months. Indicate whether the statement ... (Read 46 times)

tiffannnnyyyyyy

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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

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Answer to Question 1

TRUE

Answer to Question 2

D





 

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