What is happening in the economy if GDP has fallen six consecutive months?
A. expansion
B. inflation
C. recession
D. economic growth
Answer (2)
A GDP decline over six consecutive months typically indicates a recession, characterized by reduced economic activity and confidence. Key indicators include rising unemployment and decreased consumer spending. It is important to differentiate this from terms like expansion and inflation. ;
If GDP has fallen for six consecutive months, it usually indicates a recession, characterized by widespread declines in economic activity. During this period, decreased consumer spending and increased unemployment are commonly observed. Therefore, the correct answer is C. recession.
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