We started the course with a look at nber data on business, Ask an Expert

Economics

We started the course with a look at NBER data on business cycles. Specifically, we saw prior to 1945 that recessions lasted on average about 2 years, and after 1945 the average recession was cut in half (to just under 1 year). Based on what you’ve learned (and the main difference in the economic model) explain in detail how and why the business cycle changed after WWII.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91924647

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