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An economic downturn; a difficult time for businesses and consumers is known as a ___.

User Maviles
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4 votes

Answer:

An economic downturn; a difficult time for businesses and consumers is known as a recession.

Step-by-step explanation:

User ElasticThoughts
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11 votes

Answer:

recession

Explanation: definition: period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters

User Qpingu
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