Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 4 of 6
What is the definition of a recession?
B. A decrease in real GDP for 2 consecutive quarters
C. A decrease in real GDP for 3 consecutive months
A. A decrease in the growth rate of real GDP for 2 consecutive quarters
B. A decrease in real GDP for 2 consecutive quarters
C. A decrease in real GDP for 3 consecutive months
User Contributed Comments 0
You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe the business cycle and its phases
CFA® 2025 Level I Curriculum, Volume 1, Module 2.