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A prolonged economic contraction is a.?
A recession....
A prolonged economic contraction known as a?
recession
What is a prolonged economic contraction that is not especially long or severe called?
A recession
Which phase of a business cycle that leads and economy into recession?
a contrction because a recession is a prolonged contarction and to determine when in recession real GDP starts to fall. Contraction is a period of economic decline marked by falling real GDP
What is the difference between a reccession and a depression?
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
A prolonged economic contraction is a.?
A recession....
A prolonged economic contraction known as a?
recession
What is prolonged economic contraction that is not especially long or severe?
A recession
What is prolonged economic contraction that is not especially long or severe called?
A recession
What is a prolonged economic contraction that is not especially long or severe called?
A recession
What is the difference between recession, depression, and inflation?
Recession is a period of economic decline, depression is a severe and prolonged recession, and inflation is the increase in prices of goods and services over time.
What is the difference between a recession and depression?
a depression is a particularly deep recession with high levels of unemployment
Which phase of a business cycle that leads and economy into recession?
a contrction because a recession is a prolonged contarction and to determine when in recession real GDP starts to fall. Contraction is a period of economic decline marked by falling real GDP
Can you define the difference between a recession and a depression?
A recession is a period of economic decline that lasts for a few months, while a depression is a more severe and prolonged economic downturn that can last for years.
Does a depression always follow a recession?
No, a depression does not always follow a recession. While a recession is a period of economic decline, a depression is a more severe and prolonged downturn in economic activity. Not all recessions lead to depressions, as various factors can influence the severity and duration of an economic downturn.
What word means a prolonged period of deep unconsciousness?
coma
What is the difference between a reccession and a depression?
Recession refers to a temporary economic decline whereas a depression is a period of prolonged downturn in economic activity
