答案回复后可见：
Which of the following statements about the business cycle is FALSE?
A) A recession is when real gross domestic product declines for three or more consecutive quarters.
B) The bottom of an economic downturn is referred to as the recessionary trough.
C) A business peak or boom is when businesses are operating at capacity level.
D) A depression is characterized by a prolonged recession with a sharp decline in economic activity.
The correct answer was A
A recession is when real gross domestic product declines for three or more consecutive quarters.
Economists define a recession as a decline in GDP for two or more consecutive quarters.
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发表于 2006-3-24 13:31
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