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    Exam 1: Introduction to Macroeconomics
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    When National Output Declines,the Economy Is Said to Be in
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When National Output Declines,the Economy Is Said to Be in

Question 61

Question 61

Multiple Choice

When national output declines,the economy is said to be in


A) an expansion.
B) a deflation.
C) an inflation.
D) a recession.

Correct Answer:

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