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Old 20th May 2001, 19:56
V-G V-G is offline
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Join Date: May 2001
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RECESSION

Quote:
Originally posted by volodymyr_gusak
Recession a phase of the business cycle characterised by a modest downturn in the level of economic activity (Actual gross national product).

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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