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  3. Study Set
    Economics Today Study Set 1
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    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
  5. Question
    A Business Fluctuation When the Pace of Economic Activity Is
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A Business Fluctuation When the Pace of Economic Activity Is

Question 167

Question 167

Multiple Choice

A business fluctuation when the pace of economic activity is slowing down is called


A) a reduction.
B) a contraction.
C) a depression.
D) a slowdown.

Correct Answer:

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