During the late 1990s, the U.S. economy boomed. GDP increased from 14.1% to 17.2% in 2000 and fell to 15.2% by 2002. Thi

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answerhappygod
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During the late 1990s, the U.S. economy boomed. GDP increased from 14.1% to 17.2% in 2000 and fell to 15.2% by 2002. Thi

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During the late 1990s, the U.S. economy boomed. GDP increasedfrom 14.1% to 17.2% in 2000 and fell to 15.2% by 2002. This wouldbe described as a. the ups and downs in the business cycle. b. aninflationary gap. c. a deflationary gap. d. the government’sfault.
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