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    Economics A Contemporary Introduction
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    Exam 5: Introduction to Macroeconomics
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    The USeconomy Has Experienced Alternating Periods of Expansion and Contraction in in Economic
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The USeconomy Has Experienced Alternating Periods of Expansion and Contraction in in Economic

Question 51

Question 51

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The U.S.economy has experienced alternating periods of expansion and contraction in economic activity relative to its long-term growth trend in the economy.These are called economic fluctuations or business cycles.

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