Whether definitions are stipulative or lexical

Whether definitions are stipulative or lexical - recession

Reference no: EM131395752

Determine whether the following definitions are stipulative, lexical, precising, theoretical, or persuasive.

"Recession" means, for purposes of the National Bureau of Economic Research, two consecutive quarters of negative growth in real GNP or in aggregate output for the entire economy.

Reference no: EM131395752

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