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When economic activity in an economy declines it is called?
== == == ==
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.
Which statement is true about the recession?
The technical indicator of a recession are 2 consecutive quarters of a negative economic growth as measured by a country's GDP is a true statement about recession.
Which term best describes an economic slowdown?
An economic slowdown is called a recession.
What is A temporary depression in economic activity or prosperity?
recession
The term that describes a modest downturn in the level of economic activity is?
recession A+ Class
When economic activity in an economy declines it is called?
== == == ==
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.
Which statement is true about the recession?
The technical indicator of a recession are 2 consecutive quarters of a negative economic growth as measured by a country's GDP is a true statement about recession.
Which term best describes an economic slowdown?
An economic slowdown is called a recession.
What is A temporary depression in economic activity or prosperity?
recession
A period when economic activity is very slow?
Recession! I had this for a test.
What is a period of reduced economic activity called?
a recession or depression
What events had influence the economic activity?
the events that influence the economic activity is the banking crises recession because our country is in debt
What is a recession economy?
A recession is when the economic activity slows and people start losing their jobs and/or companies slow their hiring.
Which economic term describes a period of slow economic growth that also has inflation?
Recession
A rise in business activity after a recession or depression?
An increase in business activity after a recession is an economic turnaround. An introduction of technology helps economies grown and come out of depression.
