Question: A recession is defined as two or more consecutive quarters of zero or negative growth. The table below summarizes all of the recessions that the
A recession is defined as "two or more consecutive quarters of zero or negative growth." The table below summarizes all of the recessions that the U.S. economy has experienced since the great depression:
a. Not counting the Great Depression, what has been the largest modern-day percentage GDP decline in a U.S. recession since the Great Depression (1929-1939)?
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