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    Business in Action
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    Exam 2: Understanding Basic Economics
  5. Question
    ________ Is Defined as Having Two Consecutive Quarters of Decline
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________ Is Defined as Having Two Consecutive Quarters of Decline

Question 80

Question 80

Multiple Choice

________ is defined as having two consecutive quarters of decline in the country's gross domestic product.


A) Deflation
B) Stagnation
C) Immobilism
D) Stagflation
E) Recession

Correct Answer:

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