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The point at which real GDP reaches a maximum during a business cycle is called the:
Iron
A strong, hard magnetic silvery-grey metal, very abundant in the earth's crust and the core element of hemoglobin in blood.
Pyrolysis
A thermochemical decomposition of organic material at elevated temperatures in the absence of oxygen.
Combustion
A chemical process involving the rapid combination of a substance with oxygen to produce heat and light, often resulting in fire or explosion.
Heat
A form of energy transfer between two substances or systems due to a temperature difference.
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Q112: Cost-push inflation is due to:<br>A) labor cost