History, 23.10.2020 06:01 shermeka

When is an economy considered to be in a recession? A. When its business cycles slow down, leading to no peaks or
troughs over several quarters
B. When it enters a business cycle that does not have a steady
growth line
C. When it experiences a severe contraction that lasts for at least
two economic quarters in a row
D. When its business cycles speed up, leading to multiple peaks and
troughs in one quarter

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When is an economy considered to be in a recession? A. When its business cycles slow down, leading...

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