Question
All of the following are characteristic of a depression EXCEPT
a. weak consumer sales.
b. business failures.
c. prolonged high unemployment.
d. rapidly rising GDP.
a. weak consumer sales.
b. business failures.
c. prolonged high unemployment.
d. rapidly rising GDP.
Answers
GPT-4o mini
The characteristic that is NOT associated with a depression is:
d. rapidly rising GDP.
In a depression, GDP typically falls or remains stagnant rather than rising rapidly. The other options—weak consumer sales, business failures, and prolonged high unemployment—are indeed characteristics of a depression.
d. rapidly rising GDP.
In a depression, GDP typically falls or remains stagnant rather than rising rapidly. The other options—weak consumer sales, business failures, and prolonged high unemployment—are indeed characteristics of a depression.