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when macroeconomists use the term rexmcession they usually define it as a fall in real gdp thT last for at lease ?

MCO When macroeconomists use the term recession they usually define it as a fall in real GDP that lasts for at least А one
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Answer #1

Generally fall in Real GDP that lasts for atleast 2 quarters is a indication of recession.

So, correct option is

2 quarters

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