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    Essential Foundations of Economics Study Set 1
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    Exam 14: Gdp: a Measure of Total Production and Income
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    The USEconomy Is Experiencing Falling Output,falling Employment,falling Incomes and Rising Unemployment
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The USEconomy Is Experiencing Falling Output,falling Employment,falling Incomes and Rising Unemployment

Question 19

Question 19

Multiple Choice

The U.S.economy is experiencing falling output,falling employment,falling incomes and rising unemployment.These conditions best describe a business cycle


A) expansion.
B) peak.
C) trend.
D) recession.
E) trough.

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