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    Principles of Macroeconomics
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    Exam 5: Macroeconomics: the Big Picture
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    The Point on a Business Cycle Where Real GDP Stops
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The Point on a Business Cycle Where Real GDP Stops

Question 54

Question 54

Multiple Choice

The point on a business cycle where real GDP stops rising and begins falling is called a(n) :


A) peak.
B) trough.
C) expansion.
D) recession.

Correct Answer:

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