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    Exam 2: Evaluating a Firms External Environment
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    When Activity in an Economy Is Relatively Low for a Short
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When Activity in an Economy Is Relatively Low for a Short

Question 69

Question 69

Multiple Choice

When activity in an economy is relatively low for a short period of time, the economy is said to be in a


A) recession.
B) depression.
C) prosperous cycle.
D) boom.

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