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johnpaul92 johnpaul92
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8 years ago
By 1937, when a new recession began in the midst of the Great Depression,
A) unemployment had almost fallen back to its 1929 level, but GDP had yet to recover to its 1929 level.
B) neither GDP nor unemployment had returned to near their 1929 levels.
C) GDP had almost recovered to its 1929 level, but unemployment was still above the 1929 level.
D) both GDP and unemployment had returned to near their 1929 levels.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
This is incredible, wasn't expecting anyone to answer this one
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