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Choose the statements that correctly describe the business cycle.
recessions are a natural part of the business cycle.
a peak will follow immediately after a recession.
a depression is a prolonged recession.
a decrease in the production of imported goods will have a negative impact on the business cycle.
gdp that has been adjusted for inflation is the basis for measuring the business cycle.
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Choose the statements that correctly describe the business cycle.
recessions are a natural par...
recessions are a natural par...
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