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The Following Table Shows Real GDP from 1991 Through 1999

Question 150

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The following table shows real GDP from 1991 through 1999 for a hypothetical economy.On a graph that measures real GDP on the vertical axis and time on the horizontal axis,plot real GDP using the data in the table.Draw in potential GDP and show the peak,recession,trough,and recovery phases of this business cycle. The following table shows real GDP from 1991 through 1999 for a hypothetical economy.On a graph that measures real GDP on the vertical axis and time on the horizontal axis,plot real GDP using the data in the table.Draw in potential GDP and show the peak,recession,trough,and recovery phases of this business cycle.

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