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What is the minimum number of quarters with successive declines in real GDP that must occur before an economy is considered to
be in a recession? (1 point)
o three
O four

O one
O two

What is the minimum number of quarters with successive declines in real GDP that must occur before an economy is considered to be in a recession 1 point o three class=

Respuesta :

Answer:

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)

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