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    Economics A Contemporary Introduction
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    Exam 5: Introduction to Macroeconomics
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    A Period of Sustained Decline of Output in the Economy
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A Period of Sustained Decline of Output in the Economy

Question 30

Question 30

Multiple Choice

A period of sustained decline of output in the economy is known as a(n)


A) expansion
B) growth phase
C) peak
D) trough
E) contraction

Correct Answer:

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