Identify three key economic variables that are used


Problem

• Identify three key economic variables that are used to characterize a business cycle?

• Based upon the key economic variables, what are the characteristics of a recession?

• According to the NBER (National Bureau of economic Research), when did the recessions of (1981-19982) and (2007-2009) begin and end?

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Macroeconomics: Identify three key economic variables that are used
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