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Recession: Definition and its Causes

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Money Talk > Money Watch

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Secvolt
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Recession: Definition and its Causes  Reply with quote  

A recession is declared when a country experiences negative GDP growth for two consecutive quarters, indicating that the economy is contracting rather than expanding.
Typically, a recession lasts at least six months, but no maximum length has been established.
Can we detect whether we are stepping into a recession that could become a more significant depression?[/url]
Post Sun Jan 08, 2023 12:31 pm
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