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Author Question: It has become conventional to classify an economic downturn as a recession when aggregate output declines for (Read 47 times)

dejastew

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on: Apr 19, 2019

Question 1

In a business cycle, a trough represents the end of


◦ an expansion.
◦ an inflation.
◦ a peak
◦ a recession.

Question 2

It has become conventional to classify an economic downturn as a recession when aggregate output declines for


◦ three consecutive quarters.
◦ two consecutive quarters.
◦ a year.
◦ six consecutive quarters.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by dejastew on Apr 19, 2019

kswal303

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dejastew

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

abro1885

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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