How is a recession determined?

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asked May 8, 2021 12.5k views

5 votes

How is a recession determined?

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high-school

Supun Kavinda asked

by Supun Kavinda

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Answer:

Recession is determined by using an old rule of thumb that says a recession occurs any time you have two consecutive quarters of negative Gross Domestic Product (GDP) growth.

Step-by-step explanation:

Mayur Sojitra answered May 12, 2021

by Mayur Sojitra

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