A recession occurs when real output falls in how many consecutive quarters?
a. 1
b. 2
c. 3
d. 4
e. 5
Answer: b. 2
A recession occurs when real output falls in how many consecutive quarters?
a. 1
b. 2
c. 3
d. 4
e. 5
Answer: b. 2
AP Economics MCQ
Macroeconomics
A recession occurs when real output falls in how many consecutive quarters?
a. 1
b. 2
c. 3
d. 4
e. 5
Answer: b. 2
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