A Relatively Mild Period of Falling Incomes and Rising Unemployment

question 6

Multiple Choice

A relatively mild period of falling incomes and rising unemployment is called a(n)

• A)depression.
• B)recession.
• C)expansion.
• D)business cycle.

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Definitions:

Obesity

A medical condition characterized by excessive body fat accumulation, which poses a risk to health.

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Prediction

The act of forecasting or determining the likelihood of future events or outcomes based on current or past data.

Theory

A system of ideas intended to explain something, based on general principles independent of the thing being explained.