A recession has traditionally been defined as a period during which Group of answer choices a. nominal GDP declines for four consecutive quarters. b. nominal GDP declines for two consecutive quarters. c. real GDP declines for four consecutive quarters. d. real GDP declines for two consecutive quarters.
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Home » Business » A recession has traditionally been defined as a period during which Group of answer choices a. nominal GDP declines for four consecutive quarters. b. nominal GDP declines for two consecutive quarters. c.