In the business cycle, what immediately precedes the time when real GDP is falling?
A) depression B) peak C) recession D) expansion E) trough
B
Economics
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Stabilization policy may be necessary to modify or counteract volatile changes in aggregate demand
a. True b. False Indicate whether the statement is true or false
Economics
Output per person must be ________ output per worker.
A. greater than or equal to B. no more than half the size of C. equal to D. less than or equal to
Economics