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2007-02-20 03:08:51 · 1 answers · asked by Anonymous in Social Science Economics

1 answers

"Recession"
From Econterms
Definition: A recession is defined to be a period of two quarters of negative GDP growth.

This means the income of the nation shrinks for 6 months.

2007-02-22 04:57:21 · answer #1 · answered by Eric Inri 6 · 0 0

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