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12 April, 09:06

An extended recessionary period is indicative of?

A. a depression

B. the start of depression

C. a growing recession

D. the end of a recession

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Answers (2)
  1. 12 April, 09:50
    0
    The answer is C. a growing recession
  2. 12 April, 11:13
    0
    It is simply a growing recession. A recession is simply a downturn in economic output: a depression is simply a more severe version of a recession with a larger decrease in GDP and unemployment. Recessions are defined as beginning after the economy peaks and ending as it hits the trough before beginning to expand.
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