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A recession is____.
Consecutive periods of deflation
Apex Financial Literacy

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A recession is when the inflation rate is low.. prices are falling dramatically in the market

User Volkinc
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Answer:

A recession is consecutive periods of deflation

Step-by-step explanation:

Recession: in general recession is a period in the economic cycle when there is a very steady and reduced rate of economic activities. there are key elements that indicates that an economy is in recession the decrease in elements like: real gross domestic product, Income, Employment, Manufacturing and retail sales of goods and services.

consecutive periods of deflation leads to recession.

deflation is the decrease in the general prices of goods and services do to the unwillingness of consumers to spend or the unavailability of funds to buy goods or services

User Mike Valenty
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