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Refer to the table below. Duration Percentage Peak Dates (Months) Decline in Real Unemployment GDP Rate Aug. 1929-Mar. 1933 43 35.4% 24.9% May 1037-June 1938 13 9.4 20.0 Feb. 1945-Oct 1945 8 23.8 4.3 Nov. 1948-Oct. 1949 11 7.9 July 1953-May 1954 10 10.0 Aug. 1957-Apr. 1958 8 14.3 7.5 Apr. 1980-Feb. 1961 10 7.2 7.1 Dec. 1969-Nov. 1970 11 8.1 8.1 Nov. 1973-Mar. 1975 16 14.7 910 Jan. 1980-July 1980 8.7 7.6 July 1981-Nov. 1982 16 12.3 10.8 July 1090-Feb. 1991 8 2.2 8.5 Mar. 2001-Nov. 2001 0.6 56 Dec. 2007-June 2009 ( 0 00 4.1 10.0 Mar. 2020-May 2020 32.0 14.7 Instructions: Enter your response as a percent rounded to one decimal place. a. What was the largest percentage GDP decline In a U.S. recession post-Great Depression (1929-1939)? 320 percent b. What was (1) The longest post-Great Depression recession? O July 1961-Nov. 1982 Dec. 2007-June 2009 O Nov. 1973-Mar. 1975 O Jan. 1980-July 1980 (11) The recession that had the smallest percentage decline in real GDP post-Great Depression? O Nov. 1973-Mar. 1975 Mar. 2001-Nov. 2001 O Dec. 2007-June 2009 O Jan. 1980-July 1980