Siegel points out that, “It is commonly assumed that a reces…

Siegel points out that, “It is commonly assumed that a recession occurs when real gross domestic product, the most inclusive measure of economic output, declines for two consecutive quarters. However, the organization that dates business cycles in the U.S. focuses instead on which of the following economic time series? More than one answer may be correct. For full credit, you must select all of the correct answers and none of the incorrect answers.