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անկում
A significant decline in economic activity. In the U. S. , recession is approximately defined as two successive quarters of falling GDP, as judged by NBER. A recession in one country may be caused by, or may itself cause, recession in another country with which it trades.
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- Categoria gramatical: noun
- Sinónimo(s):
- Blossary:
- Actividade/ Sector: Economy
- Category: International economics
- Company: University of Michigan
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