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    Exam 11: Measuring a Nations Production and Income
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    The Period of Time in Which the Level of Output
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The Period of Time in Which the Level of Output

Question 98

Question 98

Multiple Choice

The period of time in which the level of output moves from a trough to a peak is called a


A) recovery or expansion.
B) depression.
C) contraction or recession.
D) plateau.

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