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4vir4ik [10]
1 year ago
12

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

Business
1 answer:
Lelu [443]1 year ago
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.

<h3>What is GDP?</h3>

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.

Read more about GDP

brainly.com/question/15682765

#SPJ1

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Which is an attribute of an effective organiation structure?
timofeeve [1]

Answer:

Attributes of an effective organization structure are given below.

1. An effective organizational structure facilitates attainment of objectives through proper coordination of all activities

2. In a effective organizational structure, the conflicts between individuals over jurisdiction are kept to a minimum

3. It eliminates overlapping and duplication of work.

4. It decreases likelihood of runarounds

5. It facilitates promotions of personnel

6. It aids in wage and salary administration

7. Communication is easier at all levels of organizational hierarchy

8. A well-structured organization provides a sound basis for effective planning

9. It results in increased cooperation and a sense of pride among members of the organization

10. It encourages creativity

7 0
3 years ago
G explain why a rii fractional experiment is a bad idea? use an example to illustrate your point.
Reika [66]

Because it is you will find the answer soon and hopefully I don’t know


8 0
3 years ago
1. Which of the following courses in high school would be most helpful for a person wanting a
den301095 [7]

Accounting is the course which will be most helpful.

Accounting is one of the courses that are offered in high school along side others courses such as Business management, Consumer education,  Entrepreneurial skills and so on in the "business section".

  • Finance means the act of managing of money by individuals, governments or large companies. individual with this skills are highly sought for to help the organization manage its resources effectively.

In conclusion, Accounting teaches a wide range of money management skills, how to record transaction for future purpose, so, the most helpful course for a person wanting a career in finance is "Accounting"

Learn more about this here

<em>brainly.com/question/4992099</em>

3 0
2 years ago
The definition of a business is:
kykrilka [37]

Answer:

a person's regular occupation, profession, or trade.

Explanation:

4 0
3 years ago
During the 1990s positive technological change in the production of chicken caused the price of chicken to fall. Holding everyth
Marta_Voda [28]

Answer:

The demand for pork would decrease and the equilibrium price of pork would decrease.

Explanation:

Substitute goods are goods that can be consumed in place of each other.

If the price of chicken falls, consumers would increase the quantity demanded of chicken and reduce their demand for pork. The fall in the demand for pork would lead to a leftward shift in the demand curve for pork. A leftward shift in the demand curve while the supply curve remains unchanged would lead to a fall in equilibrium price of pork.

I hope my answer helps you

5 0
3 years ago
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