Economists call a severe prolonged economic recession a: a. ...

[Jipu 123]

Economists call a severe prolonged economic recession a:
 a. slump.
  b. depression.
  c. stagnation.
  d. stagflation.
  e. trend.

Question 2

The long-run growth in the economy depends on all of the following, except:
 a. the growth in productive resources.
  b. the level of technological development in the country.
  c. the increase in the availability of inputs.
  d. the increase in the productivity of inputs.
  e. the number of economic contractions witnessed in a year.

[smrtceo]

Answer to Question 1

b

Answer to Question 2

e

[Jipu 123]

Thanks for the timely response, appreciate it

[LVPMS]

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