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    Modern Principles of Economics
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    Exam 6: GDP and the Measurement of Progress
  5. Question
    A Recession Is a Period of Significant, Widespread Declines In
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A Recession Is a Period of Significant, Widespread Declines In

Question 66

Question 66

Multiple Choice

A recession is a period of significant, widespread declines in:


A) real income and employment.
B) real income and unemployment.
C) exports and imports.
D) inflation and unemployment.

Correct Answer:

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