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19 April, 14:09

What is the stage in a business cycle called when real GDP stops falling?

a. an expansion

b. a contraction

c. a trough

d. a peak

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Answers (1)
  1. 19 April, 14:14
    0
    The right answer for the question that is being asked and shown above is that: "b. a contraction" the stage in a business cycle called when real GDP stops falling is called a contraction. This is the correct answer as far as the stage in business cycle is concerned.
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