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When a country’s not doing so well and is having problems with the economy its GDP or gross domestic product level decline. You can only call it a recession when the GDP of the economy is negative and doesn’t show any real economic growth, for two or more successive quarters of a year. However, this rule doesn't always hold true. The National Bureau of Economic Research's (NBER) Business Cycle Dating Committee are the people that decides whether the economy has fallen into a recession. The NBER does not use any specific methodology for determining the start and end dates of a recession - instead it looks at a variety of economic indicators over various time periods and determines whether to declare that the economy is in a recession based on those data.
In the US, the judgment of the business-cycle dating committee of the National Bureau of Economic Research regarding the exact dating of recessions is generally accepted. The NBER has a more general framework for judging......



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Title: Sex
Approximate Word Count: 1979
Approximate Pages: 8 (250 words per double-spaced page)

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