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    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 39

Question 39

Multiple Choice

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


A) a business cycle
B) a boom
C) a recession
D) a depression

Correct Answer:

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