Question and answer
What is the difference between a recession and a depression? A. A recession is a period of economic growth while a depression is a period of economic contraction. B. A recession is more severe than a depression and lasts longer. C. A depression is a particularly deep recession with high levels of unemployment. D. Unlike a recession, a depression includes high levels of inflation.
s
Question
Asked 4/17/2012 10:30:49 AM
Updated 4/28/2015 3:07:35 PM
1 Answer/Comment
Flagged by emdjay23 [4/28/2015 3:07:35 PM]
Get an answer
Original conversation
User: What is the difference between a recession and a depression? A. A recession is a period of economic growth while a depression is a period of economic contraction. B. A recession is more severe than a depression and lasts longer. C. A depression is a particularly deep recession with high levels of unemployment. D. Unlike a recession, a depression includes high levels of inflation.





Question
Asked 4/17/2012 10:30:49 AM
Updated 4/28/2015 3:07:35 PM
1 Answer/Comment
Flagged by emdjay23 [4/28/2015 3:07:35 PM]
New answers
Rating
3
A depression is a particularly deep recession with high levels of unemployment is the difference between a recession and a depression.

Added 4/28/2015 3:07:13 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [8/12/2016 1:37:30 PM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The U.S. Department of Commerce is the agency that maintains the National Income and Product Accounts. A. true B. false
Weegy: The U.S. Department of Commerce is the agency that maintains the National Income and Product Accounts. TRUE. (More)
Question
Expert Answered
Updated 354 days ago|3/3/2019 8:37:40 PM
0 Answers/Comments
A decline in GDP combined with a rise in the price level: A. aggregate supply B. depreciation C. contraction D. stagflation
Weegy: C. contraction (More)
Question
Expert Answered
Updated 1/29/2017 4:33:04 PM
1 Answer/Comment
A decline in GDP combined with a rise in the price level is stagflation.
Added 1/29/2017 10:48:34 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/29/2017 4:33:06 PM]
How is nominal GDP converted into real GDP? A. by adding up all of the real purchases made in the economy B. through eliminating the effects of price increases on GDP growth C. by adding all incomes earned in an economy to total expenditures by consumers, businesses, and government D. by adding the contributions of American-owned factories in foreign countries
Question
Not Answered
Updated 3/10/2015 12:53:14 PM
1 Answer/Comment
Nominal GDP converted into real GDP: through eliminating the effects of price increases on GDP growth.


Added 3/10/2015 12:53:03 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/10/2015 1:07:21 PM]
According to the cost-push theory, what is responsible for inflation? A. Producers raise prices to meet increased costs. B. Demand for goods and services exceeds existing supply. C. Too much money is in circulation. D. The economy is operating as though there was a war.
Weegy: (b) demand-pull inflation. Too much money chasing too few goods" best describes: demand-pull inflation. (More)
Question
Expert Answered
Updated 15 days ago|2/5/2020 12:24:52 PM
1 Answer/Comment
According to the cost-push theory, producers raise prices to meet increased costs is responsible for inflation.
Added 15 days ago|2/5/2020 12:24:51 PM
This answer has been confirmed as correct and helpful.
What do taxes collected under the Federal Insurance Contribution Act (FICA) fund? A. Social Security and Medicaid B. Social Security and Medicare C. Medicare and Medicaid D. Medicaid and Supplemental Security Income
Weegy: A. Social Security and Medicaid (More)
Question
Expert Answered
Updated 2/23/2015 2:15:40 PM
1 Answer/Comment
Social Security and Medicare are taxes collected under the Federal Insurance Contribution Act (FICA) fund.

Added 2/23/2015 2:15:40 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/23/2015 2:18:51 PM]
31,230,392
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Which one of the following symptoms indicates that a person is in the ...
Weegy: Racing heartbeat indicates that a person is in the alarm stage of stress. User: Exercise is a good way to ...
2/17/2020 10:48:00 PM| 2 Answers
At the beginning of "Young Goodman Brown," Brown's wife says, "Pray ...
Weegy: At the beginning of "Young Goodman Brown," Brown's wife says, "Pray tarry with me this night, dear husband, of ...
2/18/2020 3:45:25 PM| 2 Answers
The atomic bomb resulted from a nuclear __
Weegy: The atomic bomb resulted from a nuclear chain [ reaction. ] User: When nuclear power is harnessed, it is ...
2/18/2020 4:02:02 PM| 2 Answers
True or false: if necessary, your blood may be drawn DUI cases ...
Weegy: If necessary, your blood may be drawn in DUI cases involving serious bodily injury or death by authorized ...
2/18/2020 5:00:45 PM| 2 Answers
Which NIMS component includes the Incident Command System (ICS)?
Weegy: The National Incident Management System (NIMS) is a standardized approach to incident management developed by ...
2/18/2020 7:14:36 PM| 2 Answers
True or False: Motorcycles are large and easy to see on the road.
Weegy: A = A, this is TRUE. User: Motorcycles have two or three wheels, a seat for the rider and at least a ____ ...
2/19/2020 4:45:33 AM| 2 Answers
what supreme court case established the principle of judicial law
Weegy: Marbury v. Madison case was the supreme court case established the principle of judicial review. User: the ...
2/19/2020 10:37:11 AM| 2 Answers
Share your window.
W I N D O W P A N E
FROM THE CREATORS OF
weegy
WINDOWPANE is the live-streaming social network that turns your phone into a live broadcast camera for streaming to friends, family, followers, or everyone. Share what’s outside your window and all around you. Earn a little too.
Top Windowpane Earnings
$172.20
Hearts 4,087 Views 1,077,949 Streams 507
$169.30
Hearts 3,633 Views 765,832 Streams 269
$163.15
Hearts 3,687 Views 1,465,200 Streams 524
$152.05
Hearts 3,171 Views 678,866 Streams 238
$141.25
Hearts 3,465 Views 817,180 Streams 342
$113.90
Hearts 2,623 Views 391,819 Streams 184
$110.00
Hearts 2,627 Views 547,369 Streams 339
$107.11
Hearts 2,186 Views 8,712 Streams 112
S
L
P
R
Points 651 [Total 3112] Ratings 2 Comments 541 Invitations 9 Offline
S
L
P
P
P
Points 648 [Total 2935] Ratings 2 Comments 628 Invitations 0 Offline
S
L
P
P
P
1
Points 552 [Total 3755] Ratings 4 Comments 512 Invitations 0 Offline
S
L
Points 463 [Total 868] Ratings 9 Comments 373 Invitations 0 Offline
S
L
P
P
Points 312 [Total 3333] Ratings 2 Comments 292 Invitations 0 Online
S
L
Points 130 [Total 130] Ratings 1 Comments 120 Invitations 0 Offline
S
L
1
1
1
1
Points 95 [Total 793] Ratings 8 Comments 15 Invitations 0 Online
S
L
R
R
R
Points 60 [Total 1413] Ratings 0 Comments 0 Invitations 6 Offline
S
L
1
1
Points 50 [Total 480] Ratings 5 Comments 0 Invitations 0 Offline
S
L
Points 32 [Total 3928] Ratings 0 Comments 32 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.