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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. 22 May, 08:12
    0
    Negative GDP for two consecutive quarters.

    Explanation:

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