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In the Spring of 2002 We Were in the _____

question 17

Multiple Choice

In the spring of 2002 we were in the _____ phase of the business cycle.


Definitions:

Payment

The transfer of money, goods, or services in exchange for a product, service, or to fulfill an obligation.

Annual Interest Rate

The percentage of a sum of money charged for its use per year.

Double

To increase or become twice as much in size, amount, or number.

Value

The importance, worth, or usefulness of something, often determined by its desirability, utility, or rarity.

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