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What is a long lasting and severe recession?
depression
A decline in business activity that is not as severe as a depression is called a?
recession
A decline in business activity that is not as severe as a depression is called?
A recession is a decline in business activity that is not as severe as a depression. The economy will be determined to be in a recession if there has been a decline in the GDP for two consecutive quarters.
What is a prolonged economic contraction that is not especially long or severe called?
A recession
What is a severe recession called?
This is called (A depression). Economics, Mid-term...
Are there degrees of recession?
absolutly mild and severe
What is a long lasting and severe recession?
depression
Are high gas prices causing recession?
No. Gas prices have not caused this recession. This is because of the severe credit crunch.
A decline in business activity that is not as severe as a depression is called a .?
recession
What is prolonged economic contraction that is not especially long or severe?
A recession
A decline in business activity that is not as severe as a depression is called a?
recession
A decline in business activity that is not as severe as a depression is called?
A recession is a decline in business activity that is not as severe as a depression. The economy will be determined to be in a recession if there has been a decline in the GDP for two consecutive quarters.
What is prolonged economic contraction that is not especially long or severe called?
A recession
What is a prolonged economic contraction that is not especially long or severe called?
A recession
What is a severe recession called?
This is called (A depression). Economics, Mid-term...
If the government were to operate under as strict balanced-budget rule what would it have to do in a recession Would that make the recession more or less severe?
it would make it more severe, since strict balanced budget refers to increase in taxes and reduce spending by the governmnet...
Fewer jobs are available and unemployment is rising during an?
Fewer jobs are available and unemployment rise during a recession. If the recession becomes severe or long term it is then termed a depression.
