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    Macroeconomics Study Set 48
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    Exam 6: Macroeconomics: the Big Picture
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    An Expansion Is a Period in Which
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An Expansion Is a Period in Which

Question 47

Question 47

Multiple Choice

An expansion is a period in which:


A) output declines.
B) the price level falls.
C) output rises.
D) deflation occurs.

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