What has been the range of the decline in real output during recessions in the U.S. between 1950 and 2009?
A) -0.2 percent to -4.3 percent
B) -5.1 percent to -9.8 percent
C) -10.4 percent to -14.6 percent
D) -15.0 percent to -19.9 percent

Question

Quizplus · Accepted Answer

The range of the decline in real output during recessions in the U.S. between 1950 and 2009 was relatively moderate, with the most severe recessions seeing a decline of no more than -4.3 percent, indicating that option A is correct.

What Has Been the Range of the Decline in Real