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Find data for real GDP (Yt)for the United States for the time period 1959:I (first quarter)to 1995:IV. Next generate two growth rates: The (annualized)quarterly growth rate of real GDP
[(lnYt - lnYt-1)× 400] and the annual growth rate of real GDP [(lnYt - lnYt-4)× 100]. Which is more volatile? What is the reason for this? Explain.
Constructionists
Advocates of an approach or belief that concepts or identities are socially constructed rather than inherently fixed.
Positions of Power
Roles or standings within a society, organization, or group that grant individuals authority and influence over others.
Higher-Consensus Deviance
Activities or behaviors that are widely recognized and agreed upon by society as deviant or unacceptable.
Lower-Consensus Deviance
Behaviors that are less widely recognized or agreed upon as deviant by society.
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