The National Bureau of Economic Research Decides the Official Start

question 33

True/False

The National Bureau of Economic Research decides the official start and end dates for a recession.

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Definitions:

Equal and Opposite Reaction

Newton's third law of motion, which states that for every action, there is an equal and opposite reaction.

Two-World Hypothesis

A philosophical or theoretical postulate suggesting the existence of two distinct realms or worlds, often used to differentiate between the physical and the non-physical (e.g., the material and the spiritual or the ideal).

Skepticism

An attitude of doubt towards claims lacking empirical evidence or inherent plausibility, often requiring critical thinking and questioning before acceptance.

Kant

Immanuel Kant was a German philosopher who is a central figure in modern philosophy and is known for his contributions to epistemology, ethics, and aesthetics.