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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
  5. Question
    A Recession Is Defined as a Widespread Decline In
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A Recession Is Defined as a Widespread Decline In

Question 210

Question 210

Multiple Choice

A recession is defined as a widespread decline in:


A) real income (GDP) .
B) inflation.
C) unemployment.
D) mortgage defaults.

Correct Answer:

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