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Economic Crisis: Explanation and Policy Options

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This book examines the U.S economy from 1967 to 2011 and utilizes a new method to predict the future of the economy as far ahead as 2030. This new method uses population subgroup data. Variables used in the cross-sectional matrix include ethnicity, sex, age, and average personal income of those having personal income. The mathematical basis, the data used, and the results are all presented in graphic form. The estimates are compared to National Bureau of Economic Research Dating Committee d...