Question

What is a period of economic decline called?

Expansion

A.Recession

B.Contraction

C.Budget deficit

Answer 1

A. Recession

Hope this helps.

Answer 2

A. Recession

A recession inside economics means a slowdown, or a decline in the progress of the economy. This usually has an effect on everything, from jobs, wages, production, and sales price, but does not have as large as an impact as a Depression


hope this helps