According to the National Bureau of Economic Research, which of the following are normally part of the

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According to the National Bureau of Economic Research, which of the following are “normally” part of the definition of a recession?
A fall in nominal income
A fall in employment
A fall in real income
A fall in the price level

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 24, 2015 08:49 AM

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According to the National Bureau of Economic Research, which of the following are normally part of the

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A fall in employment and a fall in real income are part of the official definit...View the full answer

Modern Principles of Economics

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