1. An Analysis Of The 2001 Recession
... a slowdown."" Further evidence that suggests a recession was on the horizon was information released from the National Bureau of Economic Research that states, "A peak marks the end of an expansion and the beginning of a recession.""(The Business Cycle Peak, March 2001.) During an expansion, however the economy is experiencing normalcy, and during this period the economy is between a trough and peak. The National Bureau of Economic Research, however, defines a recession ... underway although an array of influences unique to this business cycle seems likely to moderate the speed.""(Hagen...
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