All of the following are signals of a recession EXCEPT
A) a cyclical reduction in employment of labor.
B) a slight reduction in a currently high rate of growth in economic activity.
C) increasing unemployment.
D) a falling level of economic activity.

Question

Quizplus · Accepted Answer

A slight reduction in currently high rate of growth in economic activity may indicate a slowdown or a cooling of the economy, but does not necessarily mean a recession. However, the other options (reduction in employment, increasing unemployment, falling level of economic activity) are all signals of a recession.

All of the Following Are Signals of a Recession EXCEPT