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History, 17.10.2020 01:01 neneleey1941

How do economists determine whether an economy has entered a recession in its business cycle?
A. It alternates rapidly between periods of extreme growth and
decline
B. It experiences contractions and expansions without peaks or
troughs
C. It experiences a contraction that lasts for at least two economic
quarters in a row.
D. It has a negative value in its steady growth line for less than one
quarter

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How do economists determine whether an economy has entered a recession in its business cycle?
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