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Recession means decrease in the employment rate, investment rate, profit rate of the economy, Idea of a downswing/downturn in a business or trade cycle. The Economic growth will be negative. If the recession period increase then this will be called depression.
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∙ 11y ago
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When economic activity in an economy declines it is called?
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Implications of economic recession?
Economic recesion - implications
What term means a temporary decline in economic activity or prosperity?
A recession is a modest downturn in the level of economic activity. Technically, this is indicated by two consecutive quarters of negative economic growth by the GDP.
Is Argentina in an Economic Recession?
Yes.
A prolonged economic contraction is a.?
A recession....
What was the effect of president roosevelts attempt to balance the federal budget?
economic recession
When economic activity in an economy declines it is called?
== == == ==
What is economic crunch?
recession
How did the recession of 2011 compare to other economic downturns?
recession is the same to economic downturns as they both have exact economic phenomenon with few respects
Implications of economic recession?
Economic recesion - implications
What term means a temporary decline in economic activity or prosperity?
A recession is a modest downturn in the level of economic activity. Technically, this is indicated by two consecutive quarters of negative economic growth by the GDP.
What is an economic slump called?
A recession.
An economic slowdown is known as a?
recession
Is Argentina in an Economic Recession?
Yes.
A prolonged economic contraction is a.?
A recession....
What is a period of economic decline?
Recession
What is meant by global recession?
When there is a reduced level of economic activity (such as less employment, less sales of various products, etc.) taking place in most or all of the countries in the world rather than in just one, that is a global recession.
