1.

What Is Recession? What Is The Cause For The Present Recession?

Answer»

It can be defined as if country’s GDP growth is NEGATIVE for two or more CONSECUTIVE YEARS and the main cause for the PRESENT recession is Sub-Prime crisis where it started in US.

It can be defined as if country’s GDP growth is negative for two or more consecutive years and the main cause for the present recession is Sub-Prime crisis where it started in US.



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