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    Macroeconomics Study Set 48
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    Exam 6: Macroeconomics: the Big Picture
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    The Sequence of Business Cycle Phases Is
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The Sequence of Business Cycle Phases Is

Question 51

Question 51

Multiple Choice

The sequence of business cycle phases is:


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

Correct Answer:

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