ExamVeda
Login
Home
Basic General Knowledge
?

Recession is

Answer & Solution
Correct Answer: Option D
Recession is slowing down of economic activity over a limited period, period that results from accumulation of unsold goods, owing to fall in demand and period during which unemployment may rise and demand and output may fall, leading to slump in trade.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.