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Macroeconomics 12th Edition by Rudiger Dornbusch, Stanley Fischer ,Richard Startz
النسخة 12الرقم المعياري الدولي: 978-1259070969Macroeconomics 12th Edition by Rudiger Dornbusch, Stanley Fischer ,Richard Startz
النسخة 12الرقم المعياري الدولي: 978-1259070969 تمرين 4
It is sometimes said that the Great Depression would have been a severe recession if it had stopped in 1931 but would not have been the calamity it was.
a. From Table 21-1 calculate the rate at which GNP was falling from 1929 to 1931.
b. How does that rate compare with the rate at which real GDP fell during the 1990-1991 recession
c. Do you agree with the first sentence in this question Explain.
a. From Table 21-1 calculate the rate at which GNP was falling from 1929 to 1931.
b. How does that rate compare with the rate at which real GDP fell during the 1990-1991 recession
c. Do you agree with the first sentence in this question Explain.
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The great depression was the worst econo...
Macroeconomics 12th Edition by Rudiger Dornbusch, Stanley Fischer ,Richard Startz
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