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1. What do the shaded areas of the graph indicate about the economic cycle & health of the economy? 2. When was the last economic recession? Explain how you know this. 3. On average, how often do recessions
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Aug 8, 2022
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1. What do the shaded areas of the graph indicate about the economic cycle & health of the economy?
2. When was the last economic recession? Explain how you know this.
3. On average, how often do recessions occur?
History
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Mario Velasco
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1. the shaded areas represent years that the percent change from the preceding period percentage was lower.
2. 2008 due to the large amount of negative percent change (7-8%)
3. about every 12 years
Dobby
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Aug 12, 2022
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