Global Recession

Essay specific features

 

Issue:

Social Issues

 

Written by:

Curtis C

 

Date added:

October 15, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2496

 

Was viewed:

7132 times

 

Rating of current essay:

 
Essay content:

In a 1974 New York Times article, Julius Shiskin suggested several rules of thumb to identify a recession, which included two successive quarterly declines in gross domestic product (GDP), a measure of the nation's output. It is now a commonly mentioned definition of a recession. In USA, NBER is regarded to be the authority that identifies a recession which takes several measures into account in addition to GDP growth...
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It is now a commonly mentioned definition of a recession. In USA, NBER is regarded to be the authority that identifies a recession which takes several measures into account in addition to GDP growth. In developed nations other than USA, the two quarter rule is generally used for identifying a recession...
displayed 300 characters

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