The NBER Focuses Primarily on the Value of Real GDP

question 107

True/False

The NBER focuses primarily on the value of real GDP while deciding whether an economic contraction is a recession, because it is measured monthly and allows the identification of the month in which business-cycle turning points occur.

---

Definitions:

Foreign Born

Individuals who were born outside the country of their current residence.

Graduate Programs

Advanced academic degrees pursued after completing an undergraduate degree, such as master's and doctoral degrees.

Undergraduate Programs

Educational programs offered by colleges and universities that lead to a bachelor's degree or equivalent qualifications.

Military Sexual Trauma

Psychological trauma resulting from sexual harassment or assault experienced during military service.