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I have 5 questions about Economics; True or False: The upward sloping line of a business cycle is a expansionary period of economic growth. True
I have 5 questions about Economics;
- True or False: The upward sloping line of a business cycle is a expansionary period of economic growth.
- True or False: The business cycle measures economic growth and population trends over a one year period.
- True or False: Trough is a point where the economy has "bottomed out."
- True or False. Typically Failing business happen during a recession/contraction period.
- True or False. Stagflation is a decline very fast and no gain in GDP.
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