A significant decline in real GDP is called a
a. recession.
b. depression.
c. peak.
d. trough.
a. recession.
Economics
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______ disperse power by giving constitutional courts the authority to invalidate acts of government.
A. Legislative supremacy constitutions B. Higher law constitutions C. Symmetric constitutions D. Asymmetric constitutions
Economics
While a firm in long-run equilibrium will make zero economic profits, it is still possible for the firm to make ______________ profits.
Fill in the blank(s) with the appropriate word(s).
Economics