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What is the difference between a recession and a depression? A.) A depression (8 quarters) is longer than a recession (2 quarters), a depression has higher levels of unemploymen…

What is the difference between a recession and a depression? A.) A depression (8 quarters) is longer than a recession (2 quarters), a depression has higher levels of unemploymen…
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What is the difference between a recession and a depression?

A.) A depression (8 quarters) is longer than a recession (2 quarters), a depression has higher levels of unemployment.
B.) Unlike a recession, a depression includes high levels of inflation.

asked
User Fani
by
7.5k points

2 Answers

5 votes

According to me, it is option A

answered
User Barracuda
by
9.0k points
2 votes

Answer:

A is the answer.

answered
User Aerioeus
by
8.2k points
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