(Download) Astonishing Legends Recession, Depression, Insolvency, Bankruptcy, and Federal Bailouts (Government Series)
✿ Marc Labonte, Patrick Purcell ✿
| #8638294 in Books | 2009-07-20 | Original language:English | PDF # 1 | 11.02 x.69 x8.27l,1.65 | File Name: 1587331594 | 332 pages
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There is no simple rule-of-thumb to determine when recessions begin or end. Recessions are officially declared by the National Bureau of Economic Research (NBER), a non-profit research organization. The NBER defines a recession as a "significant decline in economic activity spread across the economy, lasting more than a few months" based on a number of economic indicators, with an emphasis on trends in employment and income. According to the NBER, the U.S. economy en...
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