G " ezto.mheducation.com + 189 M Question 10 - Homework: Gove.. *Course Hero * Course Hero * Course Hero * Course Hero * Course Hero Homework: Government Intervention; The Business Cy... i Saved Help Save & Exit Submit Check my work 10 Business Slumps, 1929-2009 Dates Duration Percentage Peak 2 (Year recession began) (Months) Decline in Output Unemployment Rate points 1929 43 -26.7% 24.9% 1937 13 18.2 19.0 1945 8 -12.7 5.2 1948 11 -1.7 7.9 eBook 1953 10 -2.6 6.1 1957 8 -3.7 7.5 Print 1960 10 -1.6 7.1 1969 11 -0.6 6.1 1973 16 -3.2 9.0 References 1980 6 -2.2 7.8 1981 16 -2.7 10.8 1990 -1.4 7.8 2001 -0.3 6.3 2007 18 5.1 10.0 Since 1940, a. the longest recession began in b. the shortest recession began in c. the recession with the highest unemployment rate began in d. the recession with the biggest decline in output began in e. the recession with the smallest decline in output began in Mc Graw Hill