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Define the term recession. a. a shortened economic trough b. a prolonged economic contraction c. a shortened economic expansion d. a prolonged period of stagflation
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Jan 18, 2017
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Define the term recession.
a. a shortened economic trough
b. a prolonged economic contraction
c. a shortened economic expansion
d. a prolonged period of stagflation
Social Studies
high-school
Yuliu
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The term recession is a prolonged period of stagflation.
Recession is a period of general economic decline, define usually in the GDP for six months two consecutive quarters or longer.
Hope this helps :)
Adswebwork
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Jan 24, 2017
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