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    Money the Financial System
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    Exam 26: Money and Output in the Short Run
  5. Question
    Periods of Contraction in the Business Cycle Are Known as
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Periods of Contraction in the Business Cycle Are Known as

Question 5

Question 5

Multiple Choice

Periods of contraction in the business cycle are known as


A) expansions.
B) inflations.
C) recessions.
D) down ticks.

Correct Answer:

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