An independent panel of economic experts at the _____ analyzes the macroeconomy and determines when recessions begin and end.

Question

Quizplus · Accepted Answer

The National Bureau of Economic Research is responsible for analyzing the macroeconomy and determining when recessions begin and end. The Bureau is an independent panel of economic experts who are responsible for monitoring and analyzing a range of economic indicators to identify changes in the overall economy, including employment, income, and gross domestic product (GDP). Once the Bureau determines that a recession has begun, it can provide guidance to policymakers and the public on recommended economic policies and strategies.

An Independent Panel of Economic Experts at the _____ Analyzes