Free MCQs for FPSC, NTS, PPSC, PMS, CSS & All Pakistan Exams 2026

Recession is:

A. slowing down of economic activity over a limited period
B. period during which unemployment may rise and demand and output may fall, leading to a slump in trade
C. period that results from the accumulation of unsold goods, owing to a fall in demand
D. All of the above

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