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    Economics Today Study Set 1
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    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
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    An Extremely Severe Recession Is Known as a
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An Extremely Severe Recession Is Known as a

Question 346

Question 346

Multiple Choice

An extremely severe recession is known as a


A) trough.
B) peak.
C) contraction.
D) depression.

Correct Answer:

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