• You will create a graph of recent GDP Growth in the United States:
o 2005
ß 3.0%
ß 2.6%
ß 3.8%
ß 1.2%
o 2006
ß 4.8%
ß 2.75%
ß 0.8%
ß 1.5%
o 2007
ß 0.2%
ß 4.8%
ß 4.8%
ß -0.2%
o 2008
ß 0.9%
ß 2.8%
ß -0.5%
ß -3.8%
• What is the definition of a recession:
• What is the definition of real GDP:
• What appears to’ve been the best year:
• What were the best 1/4… worst?
*source: www.washingtonpost.com & bureau of labor statistics, 30 Jan 2009