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    Exam 5: Measuring a Nation's Production and Income
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    A Period in Which Real GDP in the Economy Declines
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A Period in Which Real GDP in the Economy Declines

Question 131

Question 131

Multiple Choice

A period in which real GDP in the economy declines for at least six months is referred to as


A) long term growth.
B) a recession.
C) a positive fluctuation.
D) living standards.

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