Does a depression always follow a recession? Yes, the trough is always considered a depression. No, a depression is indicated when the recession is exceptionally long. Yes, for recovery to occur, the trough must be reached. No, the economy could decline quickly and bypass recession.

yes, a Depression is really the same as a Recession, just worse.

so a Recession is when the economy is not doing so good and unemployment may remain at a high level, if it gets worse, then the "worse recession" is called a Depression.

kinda like the difference between a storm and a hurricane, both are windy and wet, one is more destructive than the other.

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abiolataiwo2015 abiolataiwo2015 · Answer 2 · 2022-04-20T17:01:23+02:00

The correct statement is: No, a depression is indicated when the recession is exceptionally long.

What are depression and reccession?

A recession occur when the economy of a country decrease or when the Gross domestic product (GDP) of a country declined.

Depression on the other hand occur when a decline in the economy of a country lasted for a longer period of time.

Therefore, depression is indicated when the recession is exceptionally long.

Learn more about depression and recession here:https://brainly.com/question/11810537