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what is the difference between a recession and a depression? a) unlike a recession, depression includes high levels of inflation. b) a recession is a period of economic growth while a depression is a period of economic contraction. c) a recession is more severe than a depression and lasts longer. d) a depression is a particularly deep resession with high levels of unemployment.
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Asked 11/12/2010 9:27:33 AM
Updated 1/17/2023 12:23:29 AM
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User: what is the difference between a recession and a depression? a) unlike a recession, depression includes high levels of inflation. b) a recession is a period of economic growth while a depression is a period of economic contraction. c) a recession is more severe than a depression and lasts longer. d) a depression is a particularly deep resession with high levels of unemployment.

Weegy: The answer is D. a depression is a particularly deep resession with high levels of unemployment. Reference:
Expert answered|aguas_aj|Points 160|

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Asked 11/12/2010 9:27:33 AM
Updated 1/17/2023 12:23:29 AM
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Depression is a particularly deep resession with high levels of unemployment is the difference between a recession and a depression.
Added 1/17/2023 12:23:24 AM
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which of the following is not a situation involving external shock? a) consumers reduce spending because they fear that their nation is going to war. b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. c) consumers reduce spending on expensive goods because the country has gone to war. d) consumers pay high prices for corn becasue of a severe drought.
Weegy: b) consumers use more gasoline because of lower prices due to the discovery of large deposits of oil. User: what is a steady, long-term increase in real GDP referred to as? a) recession b) peak c) economic growth d) depression (More)
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Updated 8/25/2021 2:15:23 PM
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Economic growth is a steady, long-term increase in real GDP.

Added 8/25/2021 2:15:23 PM
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Which of the following is an example of a nondurable good? a) a paperback book b) a used car c) a washing machine d) a new car
Weegy: A paperback book is an example of a nondurable good. (More)
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Updated 8/15/2019 9:18:36 AM
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