Refer to the following figure when answering the following questions.
Figure 9.2: U.S. Output Fluctuations 1960-2015
-Consider Figure 9.2. The line represents short-run fluctuations, . Since 1960, the largest economic "boom" was in about ________ and the deepest recession was in about ________.
A) 1983; 1965
B) 1974; 1976
C) 2000; 1983
D) 1966; 1983
E) The economy always produces at its potential.

Question

Refer to the following figure when answering the following questions.
Figure 9.2: U.S. Output Fluctuations 1960-2015  
-Consider Figure 9.2. The line represents short-run fluctuations,  . Since 1960, the largest economic "boom" was in about ________ and the deepest recession was in about ________.
A) 1983; 1965 
B) 1974; 1976 
C) 2000; 1983 
D) 1966; 1983 
E) The economy always produces at its potential.

Quizplus · Accepted Answer

The Answer of Refer to the following figure when answering the following questions.
Figure 9.2: U.S. Output Fluctuations 1960-2015  
-Consider Figure 9.2. The line represents short-run fluctuations,  . Since 1960, the largest economic "boom" was in about ________ and the deepest recession was in about ________.
A) 1983; 1965 
B) 1974; 1976 
C) 2000; 1983 
D) 1966; 1983 
E) The economy always produces at its potential.

Refer to the Following Figure When Answering the Following Questions