The phase of the economic cycle when levels of employment and production are low and economic growth is at a virtual sta
Posted: Thu Jul 21, 2022 8:52 pm
The phase of the economic cycle when levels of employment and production are low and economic growth is at a virtual standstill or even negative is called:
A. Growth
B. Expansion
C. Recession
D. Depression
A. Growth
B. Expansion
C. Recession
D. Depression