Homework answers / question archive / A recession is determined by which of the following? a) An increase in Real GDP for two or more consecutive quarters

A recession is determined by which of the following? a) An increase in Real GDP for two or more consecutive quarters

Business

Share With

A recession is determined by which of the following?

a) An increase in Real GDP for two or more consecutive quarters.

b) A phase of the business cycle.

c) A decrease in Real GDP for two or more consecutive quarters.

d) Politicians and Economists.