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  3. Study Set
    Macroeconomics Principles Problems and Policies
  4. Exam
    Exam 9: Business Cycles, Unemployment, and Inflation
  5. Question
    Which Phase of the Business Cycle Would Be Most Closely
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Which Phase of the Business Cycle Would Be Most Closely

Question 84

Question 84

Multiple Choice

Which phase of the business cycle would be most closely associated with an economic contraction?


A) Peak
B) Recession
C) Trough
D) Recovery

Correct Answer:

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