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19 September, 13:22

How is a recession determined?

O A

The President decrees it.

OB. The Federal Reserve Bank issues a statement.

OC Negative GDP for two consecutive quarters.

D. None of the above.

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Answers (1)
  1. 19 September, 16:14
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    Negative GDP for two consecutive quarters.

    Explanation:

    Recession is determined, GDP is negative in two consecutive quarters.
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