Multiple Choice
Which term refers to a period of sustained growth of output in the economy?
A) expansion
B) contraction
C) peak
D) trough
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4905/.jpg" alt=" -Refer to the
Q38: With reference to aggregate demand and aggregate
Q39: When did confidence in Keynesian economics diminish?
Q40: According to Keynes, what should the government
Q41: Suppose that firms expect greater demand for
Q43: In terms of the aggregate demand and
Q44: Which of the following best describes the
Q45: What is the aim of supply-side economics?
Q46: What did Keynes believe was the best
Q47: According to John Maynard Keynes' The General