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In Terms of the Decline in Real GDP, the 2008-2009

Question 79

Multiple Choice

In terms of the decline in real GDP, the 2008-2009 recession was


A) eight times less severe than the Great Depression.
B) eight times more severe than the Great Depression.
C) the same as the Great Depression.
D) 20 times more severe than the Great Depression.
E) None of these

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