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Analyzing the Business Cycle with Piecewise Functions
Source: Council for Economic Education (EconEdLink) | Type: Lesson

Students will interpret the United States business cycle in terms of a piecewise function. They will analyze specific points, slopes, and relative extrema of different sections of the cycle and formulate equations that represent the United States' real GDP from historical data. Students will then relate the equations created from data given with the learned knowledge of economic reasoning related to real GDP.




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