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Business, 25.10.2021 09:00 georgeonnatreev2275

Match the term to the correct description. a severe, prolonged contraction of the economy

when GDP decreases for 2 quarters (six months)

when GDP is decreasing and the economy is not growing

highest point of economic growth in the business cycle

the lowest point of GDP in the business cycle

expansion/recovery


Match the term to the correct description.

a severe, prolonged contraction of the economy when GD

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Answers: 2

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Match the term to the correct description. a severe, prolonged contraction of the economy
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