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    Macroeconomics Study Set 48
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    Exam 6: Macroeconomics: the Big Picture
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    In a Typical Business Cycle, the Trough Is Immediately Followed
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In a Typical Business Cycle, the Trough Is Immediately Followed

Question 110

Question 110

Multiple Choice

In a typical business cycle, the trough is immediately followed by the:


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

Correct Answer:

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