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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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    A Period of Time in Which the Overall Business Activity
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A Period of Time in Which the Overall Business Activity

Question 15

Question 15

Multiple Choice

A period of time in which the overall business activity is rising at a rapid rate is known as


A) inflation.
B) hyperinflation.
C) an expansion.
D) a contraction.

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