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Does the NBER define a recession as two successive quarters in which there is negative growth in GDP? Why or why not? What problem does
- Does the NBER define a recession as two successive quarters in which there is negative growth in GDP? Why or why not?
- What problem does the NBER face in using data from the Bureau of Economic Analysis of the U.S. Department of Commerce?
- Besides GDP, what important economic data does the NBER review for its reports?
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