The largest deviation in real per capita GDP from trend GDP occurred
A) during World War II.
B) during the post World War II period.
C) in the 1990s.
D) during the Great Depression and World War II.
E) in the 1980s.

Question

Quizplus · Accepted Answer

The largest deviation in real per capita GDP from trend GDP occurred during the Great Depression and World War II. This period saw a massive drop in GDP followed by a sharp increase during the war, resulting in a large deviation from the trend line.

The Largest Deviation in Real Per Capita GDP from Trend