In order for a recession to occur real GDP would have to fall for at least _____ business quarter(s) .

A) one
B) two
C) three
D) four
E) five

Real GDP

Gross Domestic Product adjusted for inflation, which accurately reflects the value of goods and services produced by an economy.

Business Quarter

A division of a year into four parts, each typically lasting three months, used in financial reporting and forecasting.