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The recession the United States economy entered in December of 2007 is considered to be the most severe downturn the country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 - the highest we have seen since the 1982 recession. In...
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of happiness across the life-span. The empirical test draws on West German panel data that followed individuals from 1984 …
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