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when the growth of gdp in a country slows down suddenly, people start losing their jobs and the situation continues several weeks, this state of economy is known as

When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues several weeks, this state of economy is known as:

A Economic boom

B Recession

C Inflation

D Deflation

E None of these

Answer & Explanation
Option: [B]

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