An economy is experiencing two consecutive quarters of negative economic growth. What is the economy experiencing?
A: Budget Deficit
B: Inflation
C: Recession
D: Trade Deficit
Answers
Answered by
1
Answer:
option b is the correct answer
Answered by
2
Explanation:
The working definition of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP), although the National Bureau of Economic Research (NBER) does not necessarily need to see this occur to call a recession, and uses more frequently reported monthly data
BUDGET DEFLICT
HOPEFULLY IT WILL HELP YOU
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