Asked by Kaleigh LaPierre on May 03, 2024
Verified
In the United States, GDP declined in both 2008 and 2009. Because of this fact, the U.S. economy was considered to be in a _______.
Recession
A period of economic decline across a significant portion of an economy, lasting for a few months or more.
- Acquire knowledge about the consequences of financial declines on various industry verticals.
Verified Answer
SB
Learning Objectives
- Acquire knowledge about the consequences of financial declines on various industry verticals.