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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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    The Business Cycle Phase That Must Come Before the Peak
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The Business Cycle Phase That Must Come Before the Peak

Question 29

Question 29

Multiple Choice

The business cycle phase that must come before the peak is a(n)


A) trough.
B) expansion.
C) recession.
D) contraction.

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