Recession and Expansions - Recession
7 important questions on Recession and Expansions - Recession
What defines the duration of a recession?
What is the peak in economic terms?
What is the severity of a recession typically described as?
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How does unemployment behave during a recession?
What happens to economic activity in a recession?
What does trough signify in economic terms?
How long does recovery from a recession usually take?
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