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.
Please post by March 27 5 pm
