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Global Economic Recession Essays

How the Popular Countries Are Facing Recession

According to the United States-based National Bureau of Economic Research (NBER), a recession occurs when real GDP, unemployment rate, income, industrial production, and wholesale-retail sales fall significantly within a few months (Arteta et al., 2019, para.7). recession occurs when there is a continuous increase in the prices of commodities with little economic growth. Since the ... Read More
Pages: 8       Words: 1927
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