Asked by
Cayden Branch
on Oct 14, 2024Verified
Each of these were minor recessions except for
A) 1981-1982.
B) 1980.
C) 1990-1991.
D) 2001.
Minor Recessions
Brief periods of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.
- Discover the causes and sequels of economic recessions and depressions in the historical framework of the U.S.
Verified Answer
BL
Learning Objectives
- Discover the causes and sequels of economic recessions and depressions in the historical framework of the U.S.