Title: All About the Business Cycle (Reading Q&A)
Course: Alabama Economics Sample Syllabus > Section: Unit 9: Macroeconomic Indicators

Description: What constitutes a recession? Two quarters of negative real GDP growth? Well, most of the time that “rule of thumb” definition works, but not always. The NBER Business Cycle Dating Committee has a more nuanced way of determining what a recession is. This essay discusses where recessions come from, how they are determined, and how they end.

Estimated Completion Time: 30 minutes