A recession is select as one a. fall in real GDP lasting at least one month b.

Fantastic news! We've Found the answer you've been seeking!

Question:

A recession is

select as one

a. fall in real GDP lasting at least one month

b. a fall in real GDP lasting at least six months

c. occurs whenever real GDP falls below the long term trend

d. a fall in real GDP lasting at least one year

Related Book For answer-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

See More Books

Posted Date: Oct 22, 2020 04:05 AM

See More Questions

As discussed in this chapter, real GDP per capita in the United States grew from about $6,000 in 1900 to about $50,010 in 2014, which represents an average annual growth rate of 1.9 percent. If the...
A parallel system functions whenever at least one of its components works. Consider a parallel system of n components, and suppose that each component works independently with probability 1/2. Find...
Real GDP in 2012 was $15,369 billion. Real GDP in 2013 was $15,710 billion. What was the percentage change in real GDP from 2012 to 2013? What do economists call the percentage change in real GDP...
Congratulations! Your portfolio returned 11% last year, 2% better than the market return of 9%. Your portfolio had a standard deviation of earnings equal to 18%, and the risk-free rate is equal to...
Recall that statisticians at California State University, Northridge, fit a straight-line model for predicting the number of points scored (y) by a team that has a first-down with a given number of...
Using data on the "Ashcan School"14 we have an opportunity to study the market for art. What factors determine the value of a work of art? Use the data in ashcan_small. For this exercise, use data...
Which type of friction-static or kinetic-plays a role in (a) holding a pencil, (b) chalk making marks on a chalkboard, (c) skiing downhill, (d) polishing a metal surface, and (e) walking (without...
Use the present value tables in the appendix on present value tables to calculate the issue price of a $300,000 bond issue in each of the following independent cases. Assume interest is paid...
a. Real Estate exhibits a number of features which make them distinct from other types of investments. Identify and explain any five of the features given by international real estate investors...
Billingham Packaging is considering expanding its production capacity by purchasing a new machine, the XC-750. The cost of the XC-750 is $2.75 million. Unfortunately, installing this machine will...
Your schools team has reached the national championship. Tickets are very difficult to get but you and some friends have managed to get some. You all travel a great distance to the site of the game....
Identify 5 problem on cyber crime laws and 5 problems on environmental laws and discuss why is it a problem then give some possible solution to it ?
Research a local environmental law. Provide the following details about the law: What is it designed to protect, when was it implemented, and what some consequences for violating it are? In what...
solve x^(x)=x^(x)?
"Governments and corporations have fundamentally violated environmental laws and regulations in pursuit for profit." Anonymous. From the class and corporations perspective, critically discuss this...
Please can you help with an Essay on Environmental Law? Taking into consideration the following; 1. Introduction 2. Body 3. Conclusion 4. References
Mike has not updated his wills since his son was born. Mike's brother, an electrician who lives in Toronto, ON. is the executor. What problems might Mike face with his current approach to estate...
It is possible to investigate the thermo chemical properties of hydrocarbons with molecular modeling methods. (a) Use electronic structure software to predict cHo values for the alkanes methane...
Suppose the United Kingdom and Norway both produce oil and fish oil, which are sold for the same prices in both countries. The following table shows the combinations of both goods that each country...
Why is limited liability more important for firms trying to raise funds from a large number of investors than for firms trying to raise funds from a small number of investors?
BLS estimated that there were 2.7 million job "quits" in May 2015. The BLS defines a job quit as a "voluntary separation initiated by an employee." a. Economists distinguish three types of...
A cylinder of mass $M$, moment of inertia $I$ about the cylindrical axis and radius $R$ rolls on a horizontal surface without slipping. (a) Express the no-slip constraint in differential form....
A block of mass $m$ slides without friction on a larger block of mass $M$ and is attached to a pin in this block by a massless spring with spring constant $k$. All motion is in one dimension....
A bead of mass $m$ is threaded without friction on a massless wire hoop of radius $R$ that is forced to oscillate vertically in a fixed vertical plane at angular frequency $\omega$ and with...

A recession is select as one a. fall in real GDP lasting at least one month b.

Question:

Expert Answer:

c occurs whenever real gdp falls below the long term ... View the full answer

Economics

Students also viewed these economics questions