what is recession?

Answer 1

Recession means a period of sustained reduction in GDP, where the level of employment, national output is decreasing.

Answer 2

It's done by economic quarters (as in a calender). A depression and a recession are straight quarter economic downturns with a depression lasting longer than a recession.

Answer 3

A significant decline in economic activity. In the US, recession is approximately defined as two successive quarters of falling GDP, as judged by NBER. A recession in one country may be caused by, or itself cause, recession in another country with which it trades.

Answer 4

there is no reason in the world for any recession or boom -
It is selfmade means by some few to gain power and control.
Just look at your own basic needs - the needs of a single man as cell and building block of any society - they do not really vary that much over a certain span of time.

Answer 5

i quite like the fix procedure. it truly is what makes united statesa. tremendous. it really is for that tremendous pontificator and BS artist Russian 12. what number months did the Bush administration lose 750,000 jobs. Spit it out. what number consecutive months. attempt a million.5. what number roles has Obama lost in 19 months. you gained't answer that one will you. Bush became an entire fool in a great number of strategies. in the single way he became no longer. He did not knowingly attempt to damage the united states. Your guy is. and are available November, he's through, carried out comprehensive, Kaput, Over. LTM. i might want to no longer for the existence of me comprehend why your question about inheritance became taken down. In any and all definitions of the be conscious inherit, Does it attain the point of context that Obama is attempting to apply it in. a million. He became no longer a residing relative of Obama. 2. He did not leave Obama the so noted as mess in a will. 3. Obama became no longer a successor to the mess he claims he fell into. So your precise, For an alleged Harvard regulation grad, and professor of regulation, he needs to get some remedial help in the felony definition of the time period Inherit, Blacks regulation dictionary might want to likely help the surprising guy baby.

Answer 6

"When your neighbor losses his job, it's a recession. When you lose your job, it's a depression."

Answer 7

Two consecutive quarters of negative GDP growth.

Answer 8

When your money is funny, hard to find a job and the president tells you the economy is great.

Answer 9

Ask my hairline.

Answer 10

How i know?