Refer to the graph. The economy begins at a level of output of $20 billion and experiences a one year recession in which output declines by 4 percent. By what rate must the economy expand to return to potential output by year 2? 
A) About 4 percent
B) About 6 percent
C) About 8 percent
D) About 10 percent
Correct Answer:
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Q28: If the structural stagnation hypothesis is correct,
Q29: Refer to the graph. Q30: What does the structural stagnation hypothesis say Q31: Refer to the graph shown. Economic output Q32: Refer to the graph. Economic output in Q34: Refer to the graph. Economic output in Q35: The hypothesis about the macro economy that Q36: Structural stagnation is used to describe a: Q37: Refer to the graph shown. The economy Q38: Refer to the graph shown. Economic output![]()
A)downturn,
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