Solution-Perception of bad economic times

Perception of bad economic times

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The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession? Hint: contrast the performance of the unemployment rate and the level of real GDP during the period from 2001 through 2003.

Reference no: EM131281630

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Perception of bad economic times

Reference no: EM131281630

Reference no: EM131281630

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