23/06/2020
Are you an Indian? You should put your opinion below
1)- V-shaped recessions begin with a steep fall, but trough and recover quickly.
2)- W-shaped recessions begin like V-shaped recessions, but turn down again after false signs of recovery are exhibited. Also known as double-dip recessions
3)- U-shaped recovery is similar to a V-shaped recovery except that the economy spends a longer time slogging along the bottom of the recession rather than immediately rebounding.