O Levels Economics (2281)•2281/12/M/J/18

Explanation
Recession Defined by Two Consecutive Negative GDP Quarters
Steps:
- Recall recession as two consecutive quarters of negative real GDP growth.
- Review table data for each country's quarterly GDP changes.
- Check for patterns: positive growth indicates expansion; isolated negatives do not qualify.
- Identify country with two back-to-back negative quarters.
Why D is correct:
- Country D shows negative GDP growth in two consecutive quarters, matching the standard economic definition of a recession.
Why the others are wrong:
- A: All quarters show positive GDP growth, indicating economic expansion.
- B: Only one quarter of negative growth, followed by positive, so no recession.
- C: Mixed but no two consecutive negative quarters, avoiding recession criteria.
Final answer: D
Topic: Economic growth
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