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Which of the following circumstances usually comes before a period of economic contraction? A) Decreasing inflation B) High unemployment C) Low GDP D) Peak production

Which of the following circumstances usually comes before a period of economic contraction? A) Decreasing inflation B) High unemployment C) Low GDP D) Peak production
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Which of the following circumstances usually comes before a period of economic contraction?

A) Decreasing inflation
B) High unemployment
C) Low GDP
D) Peak production

User Diwas Poudel
by
8.0k points

1 Answer

0 votes
C
A low GDP for two or more consecutive quarters is usually followed by economic contraction.
User Acr
by
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