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    Macroeconomics Study Set 9
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    Exam 1: Introduction to Macroeconomics and the Great Recession
  5. Question
    ________ Refers to Alternating Periods of Economic Expansion and Economic
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________ Refers to Alternating Periods of Economic Expansion and Economic

Question 53

Question 53

Multiple Choice

________ refers to alternating periods of economic expansion and economic recession in an economy.


A) Fiscal policy
B) Labour productivity
C) The business cycle
D) Positive economic analysis

Correct Answer:

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