Refer to the figure. Given this view of the real business cycle for the United States over the time period 1970 to 2008, when would you expect cyclical unemployment to have been the highest?
Definitions:
Central Nervous System
The complex of nerve tissues that controls the activities of the body, comprising the brain and spinal cord.
Autonomic Nervous System
A component of the peripheral nervous system that regulates involuntary physiological processes including heart rate, digestion, respiratory rate, pupillary response, urination, and sexual arousal.
Functional Imaging
A set of imaging procedures used to observe metabolic processes and other physiological activities in the brain or body, often as an aid in diagnosing diseases.
Sensory Stimuli
Refers to any object or environment that induces responses in the senses, leading to perception.
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