A recession is always part of a
A) contraction.
B) recovery.
C) detraction.
D) remission.

Question

Quizplus · Accepted Answer

A recession is a period of economic decline, characterized by a contraction in economic activity, including a decline in GDP, employment, and trade. Therefore, a recession is always part of a larger contraction in the economy. A recovery, on the other hand, is characterized by an expansion in economic activity, and a detraction and remission are not relevant terms in this context.

A Recession Is Always Part of a