# PTE ASQ #35: Economic Downturns and Unemployment

Answer Short Question #35 - Level 3 - Feeds Listening

> You will hear a question. Please give a simple and short answer. Often just one or a few words is enough.

## Answer

Recession | depression

## Explanation

The correct term is recession. This refers to a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

## Hints

- Think about the term used when the economy is shrinking rather than growing.
- The word starts with the letter R and is commonly used in news reports about financial crises.

## Transcript

What do you call a difficult time when economic activities slow down, and there are more people unemployed?

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