Meaning of U-shaped recession | Babel Free
Definitions
An economic decline of a prolonged period of little or no growth, and one that requires a long time from which to recover.
countable, uncountable
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.