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D Question 36 1 pts A recession is generally regarded as a decline in O real GDP that lasts six months or longer O real
D Question 36 1 pts A recession is generally regarded as a decline in O real GDP that lasts six months or longer O real GDP that lasts at least one year O EXn (net exports) O the natural rate of unemploymentD Question 37 1 pts Reminiscent of the early 1990's 5: 2000's. the recoyery following the Great Recession was characterized by "jobless recovery", which means Q "I'm not sure, but I think it has something to do with Lady Gaga Q the economy is growing in terms of real GDP, but unemployment is still relatively high Q nothing; it is a contradiction in terms (:3 the economy is still shrinking in terms of real GDP, but the unemployment rate is falling D Question 39 1 pts Because of the way discouraged workers & part-time employment are categorized by the Bureau of Labour Statistics, the official unemployment rate (U-3) O overstates actual unemployment O should be ignored O understates actual unemployment O truly reflects the level of unemployment
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