The following table shows real GDP and potential real GDP for the years 2000-2012. Refer to this table when answering
Table 10.1 ($ billions)
(Source: Federal Reserve Economic Data, St. Louis Federal Reserve)
-According to the data in Table 10.1, when was the recession deepest?
A) 2001
B) 2003
C) 2009
D) 2008
E) Not enough information is given.
Correct Answer:
Verified
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