Monday, March 2, 2009

Recession? Depression? What's the difference between a recession and a

this website is comparing and tellin the differances between depression and the recession of today an explain that recession is a decline in the Gross Domestic Product (GDP) for two or more consecutive quarters. and a depression is The Business Cycle Dating Committee at the National Bureau of Economic Research (NBER) provides a better way to find out if there is a recession is taking place

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