When economic growth is negative for , the period is referred to as a recession
A. two quarters
B. two consecutive quarters
C. one year
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When firms need to expand their operations, they will increase demand for .
A. supplies
B. construction services
C. materials
Which ones of the followings are the indicators of economic growth?
A. The total production level
B. The total aggregate expenditures
C. The unemployment level
Sometimes economic growth is strong, and other times it is relatively weak.
A. 对
B. 错
Compared with macroeconomic, microeconomic conditions are more focused on the business or industry of concern.
A. 对
B. 错