When a country's gross domestic product (GDP) decreases for two consecutive quarters, the nation's economy is said to be in what?

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21-03-2017
Social Studies

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When a country's gross domestic product (GDP) decreases for two consecutive quarters, the nation's economy is said to be in what?

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lr1265 lr1265 · Answer 1 · 2017-03-27T15:54:21+02:00

lr1265 lr1265

27-03-2017

When a country's GDP or gross domestic product decreases for two consecutive quarters, the nation's economy is said to be in a state of decline. It will start to decrease if the goods and products are not being produced as usual.

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