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Author Question: The point at which real GDP reaches a maximum during a business cycle is called the: a. peak. b. ... (Read 34 times)

Shelles

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The point at which real GDP reaches a maximum during a business cycle is called the:
 a. peak.
  b. recession.
  c. recovery.
  d. trough.

Question 2

Lower taxes on businesses will shift the aggregate:
 a. demand curve rightward.
  b. demand curve leftward.
  c. supply curve rightward.
  d. supply curve leftward.



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Jsherida

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Answer to Question 1

a

Answer to Question 2

c




Shelles

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


bitingbit

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Reply 3 on: Yesterday
Excellent

 

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