Question: a 14 Multiple Choice 2 points According to this graph, what phase of the business cycle was the economy in during the second half of
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14 Multiple Choice 2 points According to this graph, what phase of the business cycle was the economy in during the second half of 2022? FRED - Real Gross Domestic Product 3090 19:609 19.200 18 800 18,400 Billions of Chained 2012 Dollars 18 009 17.606 17.200 16 800 16.40% 16.009 2013 2014 2015 30 85 2019 2420 2021 Shaded areas indicate U.S. recessions. Source: U.S. Bureau of Economic Analysis fred stoutsfed org Long Description O recession O trough peak OO expansionStep by Step Solution
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