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Author Question: The data presented in the text shows that in the period from 1947-2013, real GDP in the United ... (Read 29 times)

jwb375

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on: Jun 30, 2018
The data presented in the text shows that in the period from 1947-2013, real GDP in the United States has
 
  A) decreased in every year since 1947. B) generally remained the same.
  C) decreased only in recent years. D) increased substantially.

Question 2

Describe the field of economics known as macroeconomics.
 
  What will be an ideal response?
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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moormoney

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

Macroeconomics is the study of the nation's economy as a whole. Macroeconomics focuses on the issues of inflation, unemployment and economic growth.


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