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Economists usually use the term recession to refer to: any slowdown in the growth of real GDP. zero real GDP growth. two or more consecutive
Economists usually use the term "recession" to refer to: any slowdown in the growth of real GDP. zero real GDP growth. two or more consecutive quarters of declining real GDP. a reduction in nominal GDP
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
