So the blue line is Finlands GDP, and it tells the percentual change from the last year. when the line is under 0% does it mean that it is a recession, and when it is over 0% is it an expansion? Is it as simple s that?
Economics Stack Exchange is a question and answer site for those who study, teach, research and apply economics and econometrics. It only takes a minute to sign up.
Sign up to join this communitySo the blue line is Finlands GDP, and it tells the percentual change from the last year. when the line is under 0% does it mean that it is a recession, and when it is over 0% is it an expansion? Is it as simple s that?