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for the question -
A period of expansion and contraction of aggregate economic activity measured by real GDP is called a
A) lag.
B) real GDP.
C) business cycle.
D) growth indicator. on usatestprep the answer is C. business cycle
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Stages of the Economy Introduction to Business
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Draw and carefully label an aggregate demand and supply diagram with
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8 measuring economic aggregate activity contraction: understanding downturns causes and impacts short term debt activity: results from a answered: recessionary gap price level lars bartleby the amount of thermal expansion contraction concrete varies with definition example vs calculating simple economy international evidence on stock exchange growth real gdp business cycles macroeconomics: measurement analysis control ppt demand supply chapter 33 powerpoint diagram model e models in curves is 4 stages cycle britannica money (business cycle) higher rock education reading: new classical economics rational expectations ad shortfall great recession: fiscal policy usa what how it measured? recession depression stagflation market 12 run fluctuations copyright introduction to draw carefully label an