Explain what real GDP measures.
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Q52: What is the difference between a recession
Q53: Exhibit 17-4 Q54: After a recession, the economy usually takes Q55: Over the last 50 years in the Q56: When a recession is over, do people Q58: The unemployment rate Q59: Does it make a difference if the Q60: What is meant by a recession? As Q61: Based on the experience of the previous Q62: The labor force is
A)has increased steadily over the
A)those in the population
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