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1. Question : The term “recession” refers to a
2. Question : Who is NOT a loser in inflation?
3. Question : The transfer of funds from
savers to business investors takes place in the
4. Question : If taxes increase and the AS
curve is upward sloping, then
5. Question : The turning points of the
business cycle are called
6. Question : As an economy recovers from a
trough in the business cycle,
7. Question : Short-term unemployment while
searching for a new job is called
8. Question : Economists use the phrase
"business cycle" when discussing
9. Question : In the circular flow model, how
can households use their income?
10. Question : The curve that shows quantities
of total real output that will be offered for sale at various price levels is
called the
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