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mariarad [96]
3 years ago
14

An economic recession refers to __________.

Social Studies
2 answers:
Ivahew [28]3 years ago
8 0

the answer is b i just took the test

frosja888 [35]3 years ago
5 0
An economic recession refers to a time and or period during which there is a decline in GDP of a particular country. Usually, we're talking about recessions, we're talking about two consecutive quarters of a particular year, where a country has been witnessing shrinkage instead of growth. 
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1 year ago
Which of the following statements is true?
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The true statement is that: <em>There is an inverse relationship between the </em><em>quantity of money</em><em> demanded and the </em><em>interest rate.</em>

In economics, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

An interest rate can be defined as an amount of money that is charged as a percentage of the total amount borrowed by a borrower from a creditor or financial institution.

On a related note, there exist an inverse relationship between the quantity of money demanded by a borrower and the interest rate charged by a creditor or lender. Thus, when the interest rate is high, the quantity of money demanded decreases (falls) while the quantity of money demanded increases (rises) when the interest rate is low.

<em>In conclusion, borrowers are more likely to demand for</em><em> money</em><em> when the </em><em>interest rate</em><em> is low and vice-versa.</em>

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<em>For more information on money supply, visit: brainly.com/question/15344073</em>

5 0
2 years ago
. Which of the following statements best describes literacy rates in North Africa? A. Literacy rates are decreasing in the regio
ycow [4]

The answer is  B. Literacy rates are increasing in the region, and the gap between men and women is decreasing. Annual regional-level literacy estimates based on national data and the Unesco  Institute  for Statistics projections from 1990 to 2016  tell us that Eastern and South-Eastern Asia, Southern Asia, and Northern Africa and Western Asia have made the greatest progress in improving adult literacy over the past 26 years .

According to the Fact Sheet No. 45 dated  September 2017 of the Unesco  Institute  for Statistics, Northern Africa and Western Asia literacy rate went from 64% to 81. The youth literacy rate increased in Northern Africa and Western Asia from 80% to 90% and sub-Saharan Africa  from 65% to 75%. Female literacy rates-lower than male literacy rates at the start of the period - generally grew faster than male literacy rates between 1990 and 2016.Thus, the gap between men and women has decreased  in all regions over the past 26 years.  


8 0
3 years ago
Read 2 more answers
Identifying an effective support system improves success with goal setting. Group of answer choices True False
uysha [10]

Answer:

The answer is True.

Explanation:

Goal setting and Goal planning are highly related to each other as both will increase each other level. While setting a goal for success, we should be aware that it should fulfill the six 'W' questions which is very required to get an accurate result in goal setting.

When we select any support system while creating goals, we should be aware of its pros and cons. Goal setting is very important in life to have success in a mannered way.

The main motive of goal setting is to achieve what you want in your for the progress.

6 0
2 years ago
Elaborate the saying Hariyo Ban Nepal Ko Dhan​
Dominik [7]

Answer:

Explanation:

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