A period of sustained decline in output in an economy is known as a(n) ____

Author Question: A period of sustained decline in output in an economy is known as a(n) _____. a. expansion b. ... (Read 45 times)

audragclark

Hero Member
Posts: 579

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

Sr. Member
Posts: 350

Reply #1 on: Jun 30, 2018

Answer to Question 1

e

Answer to Question 2

b

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