What is meant by the term recession

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Question: What is meant by the term "recession"? How fast did Real GDP grow in the 4th Quarter of 2022 and 2nd Quarter of 2023? Will the FED's monetary policy result in a recession in the U.S. economy in 2023? What is the current unemployment rate? Do you expect the unemployment rate to increase or decrease in 2023? Explain why diesel fuel prices are so weak in U.S.?

Reference no: EM133461096

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