Recession means, for purposes of the National Bureau of Economic Research, two consecutive quarters of negative growth

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“Recession” means, for purposes of the National Bureau of Economic Research, two consecutive quarters of negative growth in real GNP or in aggregate output for the entire economy.

Determine whether the following definitions are stipulative, lexical, precising, theoretical, or persuasive.

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A Concise Introduction to Logic

ISBN: 978-1305958098

13th edition

Authors: Patrick J. Hurley, Lori Watson

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