Which of the following suggests "A quick and sustained recovery in measures of economic performance after a sharp economic decline."a)V-Shaped Recoveryb)U-shaped recoveryc)J-shaped recoveryd)W-shaped recoveryCorrect answer is option 'A'. Can you explain this answer?

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Which of the following suggests "A quick and sustained recovery in measures of economic performance after a sharp economic decline."

a)
V-Shaped Recovery
b)
U-shaped recovery
c)
J-shaped recovery
d)
W-shaped recovery

Correct answer is option 'A'. Can you explain this answer?

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Which of the following suggests "A quick and sustained recovery in me...

The correct answer is V-Shaped Recovery.

Indian economy is witnessing V-shaped recovery: Finance Ministry report

The various shapes of economic recovery :

V-Shaped Recovery :

A V-shaped recovery is characterized by a quick and sustained recovery in measures of economic performance after a sharp economic decline.

U-shaped recovery :

It describes a type of economic recession and recovery that charts a U shape, established when certain metrics, such as employment, GDP, and industrial output sharply decline and then remain depressed typically over a period of 12 to 24 months before they bounce back again.

W-shaped recession :

It begins like a V-shaped recession but then turns back down again after showing false signs of recovery. W-shaped recessions are also called "double-dip recessions" because the economy drops twice before the full recovery is achieved.

L-shaped recovery :

It is the most harmful type of recession and recovery, because there is a drastic drop in economic growth and the economy does not recover for a significant period of time, an L-shaped recession is often called a depression.

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Which of the following suggests "A quick and sustained recovery in measures of economic performance after a sharp economic decline."a)V-Shaped Recoveryb)U-shaped recoveryc)J-shaped recoveryd)W-shaped recoveryCorrect answer is option 'A'. Can you explain this answer?

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