When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues for several weeks, what name is given to this state of economy (A big country was in this state recently)?

When the growth of GDP in a country slows down suddenly, people start

1.	When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues for several weeks, what name is given to this state of economy (A big country was in this state recently)?
A.	Inflation
B.	Recession
C.	Deflation
D.	Economic boom
E.	None of these
Answer» C. Deflation

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When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues for several weeks, what name is given to this state of economy (A big country was in this state recently)?

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