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What is it called when real GDP declines for 6 consecutive months is what?
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The phase of the business cycle in which real GDP declines is called?
recession
What are the four parts to a business cycle?
There are two phasesa. ExpansionTime in which real GDP rises and unemployment declines.sometimes called recovery.b. ContractionTime in which real GDP declines and unemployment rises.Recession- six consecutive months of decrease.A "severe recession" is called a depressor..No official definition of sever (length and depth).
What term is used for a sustained decrease in real GDP for a consecutive 6 months?
Depression.
During periods of economic performance real GDP?
Declines and unemployment rises.
Define recession recovery and expansion?
Recession- A significant decline in activity regarding the economy. A recession usually declines such matters as employment, industrial production, real income, and wholesale-retail trade. A recession is measured in two consecutive terms of negative economic growth by the country's gross domestic product. Recovery- The period, after a recession, of growth due primarily to the utilization of economic capacity which became idle during the recession. Expansion- The period of economic growth after a recovery in which the increase of GDP is due to increases of productivity and addition of new economic capacity, rather than utilization of idle capacity.
The phase of the business cycle in which real GDP declines is called?
recession
What are the four parts to a business cycle?
There are two phasesa. ExpansionTime in which real GDP rises and unemployment declines.sometimes called recovery.b. ContractionTime in which real GDP declines and unemployment rises.Recession- six consecutive months of decrease.A "severe recession" is called a depressor..No official definition of sever (length and depth).
What term is used for a sustained decrease in real GDP for a consecutive 6 months?
Depression.
During periods of economic performance real GDP?
Declines and unemployment rises.
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2 and 3.
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16 and 17 are the first two consecutive WHOLE numbers. Consecutive has no meaning for the real numbers since a another can be found between any two.
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My record is 83000+ but i dont know the real record.
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Real Madrid won in 1955 and 4 consecutive times after that
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