recessions occur?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 17RQ: What are typical GDP patterns for a high-income economy like the United States in the long run and...
Question

recessions occur?

regulary, about every 12 years

regulary, about every 3 years

irregulary

regularly, about every 7 years

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