On a graph of real gross domestic product over time, recessions appear as a. Relatively short and
Question:
On a graph of real gross domestic product over time, recessions appear as
a. Relatively short and shallow drops on an otherwise increasing path.
b. Long, sharp declines on an otherwise increasing path.
c. The dips on a path that increases and decreases equally.
d. The periods where the rate of growth, while still positive, slows.
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