Which of the following is the opposite of a boom period? an expansion a tax increase a budget deficit a recession

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07-03-2015
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Which of the following is the opposite of a boom period? an expansion a tax increase a budget deficit a recession

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Kalahira Kalahira · Answer 1 · 2017-04-28T06:38:45-04:00

Kalahira Kalahira

28-04-2017

The opposite of a boom period is recession. It is a time of brief monetary decline amid which exchange and mechanical movement are lessened, for the most part recognized by a fall in GDP in two progressive quarters. The recession's major cause is the inflation.

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