Test your understanding of how recessions are declared, the warning signs that precede them, and the smart moves to make when the economy turns down. Ten questions, instantly graded. Question one is on the house.
1
Which organization officially dates the start and end of recessions in the United States?
2
What is the popular informal rule of thumb often used to identify a recession?
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3
An inverted yield curve, a famous recession warning signal, occurs when what happens?
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