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A prolonged economic contraction is called

A. an economic trough.
B. a recession.
C. an economic peak.
D. an expansion.

User Kiheru
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1 Answer

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A prolonged economic contraction is called a recession. The correct option among all the options that are given in the question is the second option or option "B". Recession is a huge downturn in the economy that lasts for more than a few months. It has a great effect on the industrial production, income, employment etc.
User Saheb Roy
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