Mac4: Business cycle, recession

Last updated almost 6 years ago
5 questions
1

A decrease in real GDP lasting a minimum of 2 successive quarters and accompanied by rising unemployment and falling incomes is a definition of:

1

In the business cycle above number 4 represents:

1

In the business cycle above number 3 represents:

1

In the business cycle above number 2 represents:

1

In the business cycle above number 1 represents: