What does a decline in real GDP that lasts for two consecutive quarters represent?
A) economic downsizing
B) recession
C) depression
D) resource divestment

Question

Quizplus · Accepted Answer

A decline in real GDP that lasts for two consecutive quarters represents a recession, which is a period of significant economic decline characterized by a decline in economic activity, employment, and production.

What Does a Decline in Real GDP That Lasts for Two