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Please analyze this business cycle chart. Thank you! FRED ~ - (Real Gross Domestic Product-Real Potential Gross Domestic Product)/Real Potential Gross Domestic Product* 100 2.5
Please analyze this business cycle chart. Thank you!
FRED ~ - (Real Gross Domestic Product-Real Potential Gross Domestic Product)/Real Potential Gross Domestic Product* 100 2.5 0.0 -2.5 (Bil. of Chn. 2012 $-Bil. of Chn. 2012 $)/Bil. of Chn. 2012 $*100 -5.0 -7.5 -10.0 -12.5 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Shaded areas indicate U.S. recessions. Sources: BEA; CBO fred.stlouisfed.orgStep by Step Solution
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