Read Eye on Booms and Busts and work the following exercise: In Brazil, real GDP in the first quarter of 2019 was lower than in the fourth quarter of 2018 and was lower in the second quarter of 2019 than in the first quarter. In the United States, real GDP increased during the first two quarters of 2018.
Based on this information, which country was in a recession in 2019? What features of the information provided led you to your conclusion?