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Sublight2097 Sublight2097
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9 years ago
A recession is a slowdown in the rate of economic growth that
A) causes total income to fall even though total output has not declined.
B) is unintended and therefore disappoints people's expectations.
C) lowers the nominal level of gross domestic product.
D) persists longer than one year.
E) results in fewer people being employed.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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#1
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Another one in the books, marking it solved.
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#3
9 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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