A country's annual growth rates over a 10-year period are shown in the following table.

What was the country’s trend rate of growth over this period?

Instruction: Round your answer to one decimal place.

The trend rate of growth = percent

Which set of years most clearly demonstrates an expansionary phase of the business cycle?

Years                through

Which set of years best illustrates a recessionary phase of the business cycle?

Years               through

What was the country’s trend rate of growth over this period?Instruction: Round your answer to one decimal place.The trend rate of growth = 18.8 percentWhich set of years most clearly...