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The following is a correct order in a business cycle: recession, trough, peak, expansion.

daniellasousa

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The following is a correct order in a business cycle: recession, trough, peak, expansion.

Question 1.

Macroeconomic behavior is the sum of all the microeconomic decisions made by individual households and firms.

▸ true

▸ false

Question 2.

The following is a correct order in a business cycle: recession, trough, peak, expansion.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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Steve T.

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More solutions for this book are available here

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daniellasousa Author

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4 years ago

You make an excellent tutor!

DAGINC

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Good timing, thanks!

lierac00

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Thanks

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