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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,
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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.

User Fani
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2 Answers

5 votes

According to me, it is option A

User Barracuda
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2 votes

Answer:

A is the answer.

User Aerioeus
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