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History, 19.08.2019 08:00 noellelovebug1214

Which of the following is the economic definition for recession? any increase in unemployment is a recession. an increase of 2% or more in unemployment is a recession. any decline in the real gdp is a recession. two or more quarters (6 months or more) of declining real gdp is a recession.

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Which of the following is the economic definition for recession? any increase in unemployment is a...
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