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    3. what is the differance between dedpression and recesssion
    what is the differance between dedpression and recesssion

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    0  Views: 351 Answers: 1 Posted: 13 years ago
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      Depression: A severe recession with a 10% decline in GDP is usually called a depression.


      Recession: An economic contraction when GDP declines for two consecutive quarters is usually called a recession.

      11 years ago. Rating: 2
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