The Short-Run Fluctuations in Economic Activity That Can Cause Output

question 39

Multiple Choice

The short-run fluctuations in economic activity that can cause output to be above or below the long-run trend are called

• A) business cycles.
• B) economic contractions.
• C) economic expansions.
• D) economic peaks.
• E) economic troughs.

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Definitions:

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Reduce Anxiety

Strategies or treatments aimed at decreasing feelings of nervousness, worry, or fear.

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The intake of the right amounts and types of foods necessary to maintain health and promote proper functioning of the body.

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