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tetleyelmo tetleyelmo
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7 years ago
A "boom and bust" cycle means
A) a cycle in capitalist economies where increases in economic growth are followed by subsequent loss in profits and jobs.
B) a cycle in capitalist economies where decreases in economic growth are followed by subsequent gains in profits and jobs.
C) a cycle in communist economies where increases in economic growth are followed by subsequent loss in profits and jobs.
D) a spike in economic growth followed by a leveling off of profit.
Textbook 
By the People: A History of the United States, AP Edition

By the People: A History of the United States, AP Edition


Edition: 1st
Author:
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Yoko900Yoko900
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7 years ago
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