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QUESTION 28 Economic fluctuations a. can be experienced by the world economy as well as by a single nation b. tend to be equal in

QUESTION 28

Economic fluctuations

  • a. can be experienced by the world economy as well as by a single nation
  • b. tend to be equal in length and intensity
  • c. refer to a declining economy
  • d. have become more severe since the government has attempted to stabilize the economy
  • e. have been completely offset by appropriate government policy during the last 40 years

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