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OC27 Economics-2102310-Sem-Meadows
Unit 3A Test
Question 2
2
Quiz
Multiple Choice
Unit 3A Test
Question 2 of 15 • (OC27) Economics-2102310-Sem-Meadows
Does a depression always follow a recession?
Answer
Y
Yes, the trough is always considered a depression.
N
No, a depression is indicated when the recession is exceptionally long.
Y
Yes, for recovery to occur, the trough must be reached.
N
No, the economy could decline quickly and bypass recession.
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