Does a depression always follow a recession? Yes, the trough is always considered a depression. No, a depression is indicated when the recession is exceptionally long. Yes, for recovery to occur, the trough must be reached. No, the economy could decline quickly and bypass recession.

Question

Mathematics

Luis Gibbs

6 July, 01:17

Does a depression always follow a recession? Yes, the trough is always considered a depression. No, a depression is indicated when the recession is exceptionally long. Yes, for recovery to occur, the trough must be reached. No, the economy could decline quickly and bypass recession.

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Answers (2)

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Billy Waller · Answer 1

Answer is B, depression is indicated when the recession is exceptionally long. So your answer is B!

Rockette · Answer 2

The correct answer is the second option, "No, a depression is indicated when the recession is exceptionally long". Depression is indicated only when the trough is sufficiently low and is far more severe than a recession; it is a particularly deepened recession with a high level of unemployment and its effects can be felt for years.