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    Macroeconomics Study Set 9
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    Exam 9: Business Cycles
  5. Question
    The Economy Is in an Expansion When It Is
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The Economy Is in an Expansion When It Is

Question 49

Question 49

Multiple Choice

The economy is in an expansion when it is


A) moving from a peak to a trough.
B) moving from a trough to a peak.
C) at its peak.
D) at its trough.

Correct Answer:

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