Which of the following statements about recessions is true? a. An old rule of thumb defining recession is two consecutive quarters of falling nominal GDP. b. Recessions occur at regular intervals and last standard amounts of time. c. There is no ironclad rule for the declaration of recessions. d. Recessions are associated with low unemployment and high income.

Question

14-11-2019
Business

contestada

Which of the following statements about recessions is true? a. An old rule of thumb defining recession is two consecutive quarters of falling nominal GDP. b. Recessions occur at regular intervals and last standard amounts of time. c. There is no ironclad rule for the declaration of recessions. d. Recessions are associated with low unemployment and high income.

Respuesta :

Otras preguntas

As trade grew, medieval cities became: A) less crowded B) cleaner C) overcrowded and unsanitary D) self-sufficient

which argument supports the perception of big business leaders as "captains of industry" a industrialists support for technology benefited the economy b monopo

(19 pt) Is this statement true or false? Mimbres pottery was used in everyday life, and then buried with its owner. A. True B. False

what types of lipids does a person want to avoid to prevent atherosclerosis from developing? What types of lipids would be better to prevent atherosclerosis?

PLEASE HELP!!!!!!!!!!!!!!!!!!! Enzo and Beatriz are playing games at their local arcade. Incredibly, Enzo wins 5 tickets from every game, and Beatriz wins 11 ti

Hernando de Soto and his soldiers often treated Native Americans harshly during the Spanish quest for A) food and drink. B) fame and power.

Suppose a rollerblade racer finished a 132 meter race in 18 seconds. What is the average speed of the rollerblade racer? A) 0.136 m/s B) 2.376 m/s C) 7.33 m/

Think back to the example in the Warm-Up: A business owner wants to open a restaurant, but many residents do not want a business that is open late at night near

At a canning company the daily production cost, y, is given by the quadratic equation y = 650 – 15x + 0.45x2, where x is the number of canned items. What is the

. Choose the equation below that represents the line passing through the point (2, – 5) with a slope of −3. I also need help using a graphing calculator and whi

fatimakincsem fatimakincsem · Answer 1 · 2020-01-22T00:45:44+01:00

The correct answer would be option C, There is no ironclad rule for the declaration of recessions.

The above mentioned statement about recession is True that there is no ironclad rule for the declaration of recessions.

Explanation:

When there is a fall or decline in the economic activity of a country, and this decline is usually temporary, and during this decline, the trade and industrial activities are reduced, then this situation is called as Recession.

There was an old rule of thumb that defined recession when there is a decline in the GDP of a country through the two consecutive quarters, but the recent statement about the recession is that there is no rule or measure with which recession is been observed and declared.

Learn more about recession at:

https://brainly.com/question/8395694

#LearnWithBrainly

randomemail999 randomemail999 · Answer 2 · 2021-03-22T14:33:13+01:00

randomemail999 randomemail999

22-03-2021

Answer:

I think the answer is C. There is no ironclad rule for declaration of recessions.

Answer Link