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Old 20th May 2001, 11:51
volodymyr_gusak volodymyr_gusak is offline
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Join Date: May 2001
Posts: 31
volodymyr_gusak
RECESSION

Recession a phase of the business cycle characterised by a modest downturn in the level of economic activity (Actual gross national product).
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In one of the previous messages you mentioned the rise of GNP figures in Poland, didn't you? So now you write that the real output falls (in you very last response), don't you find contradiction in what you say?

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