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Author Question: A period of sustained decline in output in an economy is known as a(n) _____. a. expansion b. ... (Read 21 times)

audragclark

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on: Jun 30, 2018
A period of sustained decline in output in an economy is known as a(n) _____.
 a. expansion
 b. stagnation
 c. peak
 d. trough
 e. contraction

Question 2

Mutual interdependence applies to actions of:
 a. monopolistic competitors.
  b. oligopolists.
  c. perfect competitors.
  d. monopolists.
  e. firms operating in different industries.


braelync

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


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