Register
Describe what happens when the economy expands. What are the results when an economy retracts? How is a recession defined? (Site 1)
39.0k views
4 votes
Describe what happens when the economy expands. What are the results when an economy retracts? How is a recession defined? (Site 1)

User Paul Fournel
by
8.1k points

1 Answer

6 votes

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 ...

User Mnagy
by
7.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
What was an effect of nationalism in Europe in the early 1900s?
Why  might  things far away  and  long  ago  be   important   to  us now.
King Louis XVI A.He admired the revolution's principles. B. He was suspicious of the leaders of the revolution. C. He felt it was a much better revolution than the American Revolution. D. He was frighten
The 1469 marriage of Prince Ferdinand and Queen Isabella created which nation?
Link Copied!