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This is called (A depression). Economics, Mid-term...
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∙ 12y ago
Wiki User
∙ 11y agoA Depresion
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A decline in business activity that is not as severe as a depression is called a?
recession
What is a prolonged economic contraction that is not especially long or severe called?
A recession
A decline in business activity that is not as severe as a depression is called?
A recession is a decline in business activity that is not as severe as a depression. The economy will be determined to be in a recession if there has been a decline in the GDP for two consecutive quarters.
How severe was the recession in 1998?
There was no recession in 1998. See the NBER website for US data.
What is a long lasting and severe recession?
depression
A decline in business activity that is not as severe as a depression is called a .?
recession
A decline in business activity that is not as severe as a depression is called 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
A decline in business activity that is not as severe as a depression is called?
A recession is a decline in business activity that is not as severe as a depression. The economy will be determined to be in a recession if there has been a decline in the GDP for two consecutive quarters.
How severe was the recession in 1998?
There was no recession in 1998. See the NBER website for US data.
Are there degrees of recession?
absolutly mild and severe
What is a long lasting and severe recession?
depression
Are high gas prices causing recession?
No. Gas prices have not caused this recession. This is because of the severe credit crunch.
What is prolonged economic contraction that is not especially long or severe?
A recession
What is a recession start date called?
The date at which a recession starts is called a peak.
When economic activity in an economy declines it is called?
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