Author Question: Economists call a severe prolonged economic recession a: a. slump. b. depression. c. stagnation. ... (Read 73 times)

Jipu 123 · **on:** Jun 30, 2018

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.