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In: Economics

1. Draw and explain the business cycle. Explain the GDP gap and why it is a...

1. Draw and explain the business cycle. Explain the GDP gap and why it is a problem. What do the average people experience when there is a recessionary gap?

2. What institutions have developed over the years to minimize uncertainty and shocks? Why is this important to do?

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Q.1

Rahul Sunny answered 1 year ago
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