Economic Depression and a Recession Research Proposal

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" The popular rule of thumb for a recession is two consecutive quarters of falling GDP.

America's Great Depression, the author says, involved a decline in real GDP that exceeded 10%, or one that lasts more than three years. The problem with that definition is that we've only had one, while the country has experienced enough "recessions" to achieve a relatively firm idea of what one is. and, the article goes on to say that other experts believe that the difference between a recession and a depression is more than simply one of size or duration.

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America's economy may or may not have a distinct whiff of bananas. It just depends on who is doing the defining of what whiff a depression has......

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Latest APA Format (6th edition)

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"Economic Depression And A Recession" (2009, February 27) Retrieved May 19, 2024, from
https://www.aceyourpaper.com/essays/economic-depression-recession-24429

Latest MLA Format (8th edition)

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"Economic Depression And A Recession" 27 February 2009. Web.19 May. 2024. <
https://www.aceyourpaper.com/essays/economic-depression-recession-24429>

Latest Chicago Format (16th edition)

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"Economic Depression And A Recession", 27 February 2009, Accessed.19 May. 2024,
https://www.aceyourpaper.com/essays/economic-depression-recession-24429
   

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