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What is a conclusion you can make about the nation's GDP from what you've learned about an economy experiencing a recession? GDP is not moving in any direction. GDP is declining because consumer spending
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Apr 8, 2024
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What is a conclusion you can make
about the nation's GDP from what you've
learned about an economy experiencing
a recession?
GDP is not moving in any direction.
GDP is declining because consumer
spending is down.
GDP is rising because of inflation.
Social Studies
college
Xphong
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A conclusion about the nation's GDP during a recession is that (GDP is declining because consumer spending is down). Recession typically leads to reduced economic activity and consumer spending, which results in a decrease in GDP.
MKougiouris
answered
Apr 13, 2024
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MKougiouris
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