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The American Dream of Upward Mobility Is Linked to Peaks

Question 26

Multiple Choice

The American Dream of upward mobility is linked to peaks in the business cycle.Once the peak is reached,however,the economy turns down because too large a surplus of goods has been produced.This is due in part to______________,which refers to a sustained and continuous increase in prices.


A) a trough
B) a recession
C) inflation
D) expansion

Correct Answer:

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