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officially, the word \depression\ means that the economy has had at lea…

Question

officially, the word \depression\ means that the economy has had at least two straight years of decreasing gdp
true
false

Explanation:

Brief Explanations

The official definition of an economic depression does not specify "at least two straight years of decreasing GDP." A recession is commonly defined as two consecutive quarters of negative GDP growth, while a depression refers to a more severe and prolonged economic downturn with no strict two-year GDP decrease criterion.

Answer:

False