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Author Question: According to convention, a recession is referred to if an economy goes through A) at least two ... (Read 48 times)

Chloeellawright

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According to convention, a recession is referred to if an economy goes through
 
  A) at least two consecutive quarters of negative growth.
  B) at least three consecutive quarters of negative growth.
  C) at least four quarters of negative growth.
  D) at least two consecutive months of negative growth.

Question 2

Which of the following represents real GDP?
 
  A) GDP in constant dollars
  B) GDP in terms of goods
  C) GDP in base year dollars
  D) all of the above



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maaaaaaaaaa

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Answer to Question 1

A

Answer to Question 2

A




Chloeellawright

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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