Meaning of W-shaped recession | Babel Free
Definitions
An economic downturn where key indicators such as GDP and employment plummet sharply, briefly rebound, dip again, and then recover fully, forming a W pattern on a chart.
idiomatic
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.