Question: Using the data from Table 5.1 and the statistics reported in Problems 5.2, 5.3, and 5.4, describe the quantitative and temporal characteristics of the typical

Using the data from Table 5.1 and the statistics reported in Problems 5.2, 5.3, and 5.4, describe the quantitative and temporal characteristics of the “typical” post-World War II business cycle.

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