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Figure 5-1 shows the path of real GDP growth over time. Use the figure to answer questions .
-Refer to Figure 5-1. The peak of the business cycle occurs:
Iran
A country in the Middle East, known formally as the Islamic Republic of Iran, with a rich history extending back to ancient Persia and a significant influence in the region politically, culturally, and economically.
Iranian Forces
The military forces of Iran, comprising the Islamic Republic of Iran Army, Islamic Revolutionary Guard Corps (IRGC), and law enforcement forces, responsible for defending the country's sovereignty and territorial integrity.
Frozen Assets
Financial assets that have been blocked and made inaccessible, typically due to legal or regulatory reasons.
U.S. Hostages
Refers to American citizens held against their will by foreign or domestic actors, often used as a political bargaining chip.
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