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    Macroeconomics Study Set 57
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    Exam 12: Aggregatedemand and Aggregate Supply
  5. Question
    Fluctuations Around the Level of Potential Output Are
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Fluctuations Around the Level of Potential Output Are

Question 98

Question 98

Multiple Choice

Fluctuations around the level of potential output are:


A) called the business cycle.
B) expansions, recessions, and recoveries.
C) normal for an economy.
D) All of these are true.

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