Note AcademyNote Academy

Economics · May / June 2018 · Paper 11 · Question 20

2281Economic growth

An economy is experiencing two consecutive quarters of negative economic growth. What is this economy experiencing?

  1. Abudget deficit
  2. Binflation
  3. Crecession
  4. Dtrade deficit

As printed in the paper

Show the answer

Correct answer: C. recession

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.