When a Recession Begins and Ends Is Determined by a Committee

question 115

Multiple Choice

When a recession begins and ends is determined by a committee within the

• A) Office of Management and Budget
• B) Bureau of Economic Analysis
• C) Council of Economic Advisors
• D) National Bureau of Economic Research
• E) Bureau of Labor Statistics

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Definitions:

Tested

The process of evaluating skills, performance, reliability, or quality by administering a series of questions or activities under controlled conditions.

Equivalent Samples

Groups in a study or experiment that are made as similar as possible to ensure that results are due to the variable being tested rather than pre-existing differences among participants.

Cross-sectional

A research design that analyzes data from a population, or a representative subset, at a specific point in time.

Longitudinal

Relating to, involving, or measuring changes over time, especially in regards to the study or analysis of development or progression.