Question: Please consider the chart below capturing the US GDP real growth rate by quarter since 1948. This graph captures the variation of real GDP, highlighting

Please consider the chart below capturing the US GDP real growth rate by quarter since 1948. This graph captures the variation of real GDP, highlighting business cycles.

FRED ~ - Real Gross Domestic Product Real Potential Gross Domestic Product 10.0 7.5 5.0 2.5 Percent Change 0.0 2.5 -5.0 -7.5 -10.0 1950 1960 1970 1980 1990 2000 2010 2020 Shaded areas indicate U.S. recessions. Sources: BEA; CBO myf.red/g/PKRm

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