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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 Decline in Business Activity Is Called
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A Decline in Business Activity Is Called

Question 261

Question 261

Multiple Choice

A decline in business activity is called


A) a recession.
B) a trough.
C) an expansion.
D) a peak.

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