In general, economists define a recession as ______ or more consecutive three-month periods of decline in a country's gdp.

1 answer:

3 0

In general, economists define a recession as TWO or more consecutive three-month periods of decline in a country's GDP.

This is further explained below.

Generally, Economists, in general, agree that a nation is considered to be in a recession when its GDP has decreased for TWO or more consecutive periods of three months.

In conclusion, The gross domestic product (GDP) of a nation is a monetary measurement that is based on the market value of all of the final products and services that are produced in that nation during a certain time period.

Before being regarded as a trustworthy indication, this measure often undergoes revision because of the complexity and subjectivity inherent in its design.

You might be interested in

Which skill is most important in a candidate applying for the position of a security officer?

KatRina [158]

i believe the answer is c but don’t quote me on it

7 0

3 years ago

1. National Computers, Inc., was incorporated in Nebraska, has its main office in Kansas, and does business in Missouri. Nationa

Gwar [14]

<u>National Computers, Inc., was incorporated in Nebraska, has its main office in Kansas, and does business in Missouri. National is subject to the jurisdiction of </u>( a)Nebraska, Kansas, and Missouri

Explanation:

<u>There are certain Jurisdiction Based on Real Property Ownership which are limited and are termed as "in rem" jurisdiction</u>

A state( Kansas ,Missouri) has limited jurisdiction (which lawyers term as "in rem" jurisdiction) over a non-resident person or business that owns real property in the state. The Jurisdiction is limited in two ways:

Jurisdiction is applicable only to the fair market value of the real property. This means that if you sue a non-citizen who owns an business worth $800,000, then in this case ,your judgment can be worth is $800,000.
Also if , the claim is related to the property. For example, if you met an accident on the property of a non-resident owner of an business house, you could get jurisdiction over the owner. But you could probably not get jurisdiction over the non-resident owner if the lawsuit grows out of an entirely separate problem that has nothing to do with the apartment house.

4 0

4 years ago

How is your hat a representation of your leadership skills? (Take your time)

levacccp [35]

Answer:Not the kind that people might laugh at or that might smoosh your hair, ... Change Agent. ... The best leaders put on their delegator hat willingly and strategically to ... With the right environment, resources, skills and knowledge,

Explanation:

8 0

3 years ago

True or false: An unchanging marketing communication program is critical to the success of every company. True false question. T

Rina8888 [55]

Answer:

false

Explanation:

you keep changing to what the people want because that t what the will buy new ideas because someone else will.

3 0

3 years ago

People who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equil

Alik [6]

Answer: structurally unemployed

Explanation: The structurally unemployed are people who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equilibrium. This translates to a mismatch between the jobs available and the skill levels of unemployed workers i.e., the skills unemployed workers have do not match the skills needed or required by employers which often are higher paying. Structural unemployment is caused by forces such as technological advancements, trade agreements etc. Typically it occurs when an underlying shift in the economy makes it difficult for some group of workers to obtain jobs.

3 0

4 years ago