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Economists Use the Term "Business Cycle" to Refer To

Question 64

Multiple Choice

Economists use the term "business cycle" to refer to:


A) ​the growth of small businesses into major corporations.
B) ​qualitative changes in products resulting from improved technology.
C) ​fluctuations in economic activity, measured by GDP or unemployment.
D) ​periods of increase or decrease in the rate of inflation.

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