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    Time of Declining Economic Activity When Businesses Decrease Production,unemployment Rises,and
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Time of Declining Economic Activity When Businesses Decrease Production,unemployment Rises,and

Question 338

Question 338

Multiple Choice

time of declining economic activity when businesses decrease production,unemployment rises,and many consumers have less money to spend is referred to as


A) deflation.
B) inflation.
C) prosperity.
D) a recession.
E) a depression.

Correct Answer:

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