How does a structural stagnation differ from a recession? – Q/A (Question and Answer)
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How does a structural stagnation differ from a recession? – Q/A (Question and Answer)
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Answer:
1. A recession is a short period of declining output whereas a structural stagnation is a period of protracted slow growth and high unemployment. 2. A structural stagnation is a short period of declining output whereas a recession is a period of protracted slow growth and high unemployment.
Recource Economic Growth, Business cycle and structural stagnation
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