- Macroeconomics Week 12 Discussion Week 12 Discussion

Economic Fluctuations- what are they? According to the B.E.A. during the first quarter of 2020 GDP declined by 5% and during the second quarter (preliminary data) shows that GDP declined by unprecedent 31.4%.

The US economy did not experienced such a decline in economic activity since the great depression. Describe the reasons behind the decline in GDP. Be as specific as possible.

- Macroeconomics Week 12 Discussion Week 12 Discussion

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