Macroeconomics
Macroeconomics
4th Edition
ISBN: 9780393602487
Author: Jones, Charles I.
Publisher: W. W. Norton & Company
Question
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Chapter 11, Problem 7E

(a)

To determine

Graph for the period of 2004 to present.

(b)

To determine

The co-movement of real GDP and government purchases during and after the great recession.

(c)

To determine

Two alternative interpretations of the given data.

(d)

To determine

The difficulty to determine the most appropriate interpretation of the data.

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