Which of the following countries is facing a recession? O A. Japan's real GDP of 3.8...

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Which of the following countries is facing a recession? O A. Japan's real GDP of 3.8 percent in the first quarter decreased by 0.3 and 0.4 percent respectively in the second and third quarters of 2012. B. India's real GDP of 5.3 percent in the second quarter increased by 0.4 percent in the third quarter of 2012. O C. The Bank of England raised the country's interest rate from 0.5 percent in the first quarter to 0.9 percent in the second quarter of 2013. O D. The United States faced a change in the inflation rate from 2.2 percent in 2012 to 1.7 percent in 2013. Which of the following countries is facing a recession? O A. Japan's real GDP of 3.8 percent in the first quarter decreased by 0.3 and 0.4 percent respectively in the second and third quarters of 2012. B. India's real GDP of 5.3 percent in the second quarter increased by 0.4 percent in the third quarter of 2012. O C. The Bank of England raised the country's interest rate from 0.5 percent in the first quarter to 0.9 percent in the second quarter of 2013. O D. The United States faced a change in the inflation rate from 2.2 percent in 2012 to 1.7 percent in 2013.

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Answer Option A The Recession is ... View the full answer