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8 years ago
It has become conventional to classify an economic downturn as a ________ when aggregate ________ declines for two consecutive quarters.
A) recession; output
B) deflation; spending
C) trough; demand
D) depression; supply
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Good answer, thanks.
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