Describe what happens when the economy expands. What are the results when an economy retracts? How is a recession defined? (Site 1)

Question

asked Feb 10, 2022 39.0k views

1 Answer

← Prev Question Next Question →

Ask a Question

Mnagy · Answer 1 · 2022-02-15T16:27:47+0000

Answer:

A recession is when the economy contracts for at least two quarters. ... Definition & Examples of Recessions ... The most important indicator is real GDP.1 That comprises everything ...

Describe what happens when the economy expands. What are the results when an economy retracts? How is a recession defined? (Site 1)

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions