Environmental Sciences, asked by ayshwaryasb98, 2 months ago

Declining economic activity is characterized by falling output and employment
levels. Generally, when an economy continues to suffer recession forhtwo or
more quarters, it is called--
depression
O expansion
O Recovery
O prosperity​

Answers

Answered by kingslint
5

Answer:

A recession is a situation of declining economic activity. Declining economic activity is characterized by falling output and employment levels. Generally, when an economy continues to suffer recession for two or more quarters, it is called depression.

:)

Answered by saritamaheshwari384
0

IT'S CALLED DEPRESSION, DEAR.

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