May/June 2026 Paper 12

2026 · 30 questions · 30 parts · 30 marks

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22Business Cycle RecessionMedium1 mark
The table shows figures for the real GDP of a country in a particular year.
quarter 1 ($bn)quarter 2 ($bn)quarter 3 ($bn)quarter 4 ($bn)
1001019998
A quarter is three months. At the end of which quarter had the economy experienced a recession?