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9. The US experienced recessions in 1961, 1970, 1974, 1980, 1982, 1991, 2001 and 2009. Since 1960, however, economic growth has averaged 2.9% annually. Using

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9. The US experienced recessions in 1961, 1970, 1974, 1980, 1982, 1991, 2001 and 2009. Since 1960, however, economic growth has averaged 2.9% annually. Using a new business cycle diagram, illustrate the long-run changes in America's real GDP between 1970 and 2010

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