Jeremy has a new client. he has identified a research question that relates to a transaction that the client completed several months ago. this type of research question will primarily involve: multiple choice open facts.

i. new facts.

ii. old facts.

iii. closed facts.

iv. none of the choices are correct.

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.