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Homework answers / question archive / Downturns in real gross domestic product are called [Math Processing Error], while severe downturns are known as [Math Processing Error]

Downturns in real gross domestic product are called [Math Processing Error], while severe downturns are known as [Math Processing Error]

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Downturns in real gross domestic product are called [Math Processing Error], while severe downturns are known as [Math Processing Error].

(a) depressions; contractions.

(b) contractions; recessions.

(c) depressions; recessions.

(d) recessions; depressions.

(e) recessions; contractions.

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