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  3. Study Set
    Principles of Economics
  4. Exam
    Exam 33: Aggregate Demand and Aggregate Supply
  5. Question
    A Short Period of Falling Incomes and Rising Unemployment Is
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A Short Period of Falling Incomes and Rising Unemployment Is

Question 225

Question 225

Multiple Choice

A short period of falling incomes and rising unemployment is called a


A) depression.
B) recession.
C) expansion.
D) business cycle.

Correct Answer:

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