________ officially decides when a recession begins and ends.

Question

Quizplus · Accepted Answer

The official determination of the beginning and end of a recession is made by the National Bureau of Economic Research (NBER) in the United States, and the equivalent organization in other countries. In Canada, it is not a specific government organization but rather a group of independent economists chosen by the Canadian Association for Business Economics. Therefore, none of the options provided are correct.

________ Officially Decides When a Recession Begins and Ends