What is the minimum amount of time an economy must contract for it to be in a state of recession?

 What is the minimum amount of time an economy must contract for it to be in a state of recession?

Select one:

a. Two consecutive quarters

b. Two consecutive months

c. One year

d. Six months

The minimum amount of time an economy must contract for it to be in a state of recession is:

d. Six months

Typically, a recession is defined as a period of economic decline that lasts for at least six months or two consecutive quarters of negative economic growth. This definition may vary slightly depending on the source, but six months or two consecutive quarters is a common threshold used to identify a recession.