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Author Question: A recession is a slowdown in the rate of economic growth that A) causes total income to fall even ... (Read 35 times)

jilianpiloj

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on: Jun 29, 2018
A recession is a slowdown in the rate of economic growth that
 
  A) causes total income to fall even though total output has not declined.
  B) is unintended and therefore disappoints people's expectations.
  C) lowers the nominal level of gross domestic product.
  D) persists longer than one year.
  E) results in fewer people being employed.

Question 2

Recession is the opposite of
 
  A) economic growth.
  B) economic decay.
  C) stagflation.
  D) inflation.
  E) deflation.


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Sweetkitty24130

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


jilianpiloj

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  • Posts: 521
Reply 2 on: Jun 29, 2018
Excellent

TheNamesImani

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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