Counting Recessions Consider the data for the fictitious economy of Euronet Year and quarter 2003 1 2003 2 2003 3 2003 4 2004 1 2004 2 2004 3 Real GDP 195 193 195 196 195 194 198 How many recessions occurred in the economy over the time indicated 22recession(s) (Enter your response as an integer )

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Counting Recessions. Consider the data for the fictitious economy of Euronet: Year and quarter 2003:1 2003:2 2003:3 2003:4 2004:1 2004:2 2004:3 Real GDP 195 193

Counting Recessions. Consider the data for the fictitious economy of Euronet:

Year and quarter	2003:1	2003:2	2003:3	2003:4	2004:1	2004:2	2004:3
Real GDP	195	193	195	196	195	194	198

How many recessions occurred in the economy over the time indicated?22recession(s).(Enter your response as an integer.)

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