This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A recession is defined by ________. a. a declining GDP for at least 2 quarters in a given year ... (Read 32 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Sep 4, 2018
A recession is defined by ________.
 
  a. a declining GDP for at least 2 quarters in a given year
  b. an unchanging GDP for at least 2 quarters in a given year
  c. a declining GDP for at least 2 consecutive quarters
  d. an unchanging GDP for at least 4 consecutive quarters
  e. a declining GDP for at least 4 consecutive quarters

Question 2

One major factor underlying the U.S. economic crisis of 2008 was that too many Americans had been issued subprime mortgages that they did not have the ability to repay.
 
  Indicate whether this statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Sep 4, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


pepyto

  • Hero Member
  • *****
  • Posts: 547
Reply #2 on: Sep 4, 2018
Both answers were spot on, thank you once again


wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Sep 4, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen- On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen-
For the 2-year-old, encounters with peers provide valuable practice in communication and social ... For the 2-year-old, encounters with peers provide valuable practice in communication and social ...
U.S. Life Expectancy by Year of Birth U.S. Life Expectancy by Year of Birth
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
Use a graphical method to find the length of the loan to the nearest year Use a graphical method to find the length of the loan to the nearest year
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ... Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...
Video: Red Blood Cells - Erythropoietin (EPO)

For a complete list of videos, visit our video library