Economy, asked by hirthickkumaran8167, 10 months ago

How does nber determine a recession?

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Answered by ranyodhmour892

0

Answer:

The NBER, a private economic research organization, defines an economic recession as: "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales".

Answered by shrutisharma4567

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