(2 points-show your calculations) Suppose that a country's annual growth rates were 5, 3, 4, -1, -2, 2, 3, 4, 6, and 3 i

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2 Points Show Your Calculations Suppose That A Country S Annual Growth Rates Were 5 3 4 1 2 2 3 4 6 And 3 I 1 (38.65 KiB) Viewed 14 times

(2 points-show your calculations) Suppose that a country's annual growth rates were 5, 3, 4, -1, -2, 2, 3, 4, 6, and 3 in yearly sequence over a 10-year period. What was the country's trend rate (average) of growth over this period? Which set of years most clearly demonstrates an expansionary phase of the business cycle? Which set of years best illustrates a recessionary phase of the business cycle? Paragraph BI ... ||| ||| <