In Figure 11.3, why were the expansion and contraction amplitudes so much greater in the 20012009 cycle

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In Figure 11.3, why were the expansion and contraction amplitudes so much greater in the 2001–2009 cycle than in the average of the previous five cycles?

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Principles Of Macroeconomics Activist Vs Austerity Policies

ISBN: 9780815378563

2nd Edition

Authors: Howard J. Sherman , Michael A. Meeropol , Paul D. Sherman

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Question Posted: Nov 08, 2024 02:00 AM

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In Figure 11.3, why were the expansion and contraction amplitudes so much greater in the 20012009 cycle than in the average of the previous five cycles?
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In Figure 11.3, why were the expansion and contraction amplitudes so much greater in the 20012009 cycle

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Principles Of Macroeconomics Activist Vs Austerity Policies

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