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Consider the diagram to the right in the next column, The Ing represents the economy's growth trend, and the curve represents the economy's actual course
Consider the diagram to the right in the next column, The Ing represents the economy's growth trend, and the curve represents the economy's actual course of business fluctuations. For each part below, provide the letter label from the portion The Business Cycle of the curve that corresponds to the associated term, 100 a.) Using the point drawing fool, indicate a point on the curve that represents a contraction or recession. Label this point A. b.) Using the point drawing fool, indicate a point on the curve that represents a poak, L'abel this point B. c.) Using the point drawing fool, indicate a point on the curve that represents a Level of national business activity trough. Label that point C. d.) Using the point drawing fool, indicate a point on the curve that represents an expansion. Label that point D. Carefully follow the instructions above, and only draw the required objects. 100 Time
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