The NBER determined that the U.S.economy experienced a recession that officially began in December 2007 and ended in June of 2009.

Name: The NBER determined that the U.S.economy experienced a recession that officially began in December 2007 and ended in June of 2009.
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This is true, as the National Bureau of Economic Research (NBER) officially declared that the U.S. economy experienced a recession that began in December 2007 and ended in June 2009.

The NBER Determined That the U