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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Home » Mathematics » 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.