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In a business cycle, a contraction occurs when:
A. a period of economic growth reaches its highest point.
B. the economy slows down following a period of growth.
C. a period of economic decline reaches its lowest point.
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D. the economy begins to show growth in key economic indicators.
Answers: 2
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Your family is planning a cruise vacation to the caribbean. you were planning on going in july, but you heard july is hurricane season.why do you think there are more hurricanes during the summer? when would be a safer time to visit?
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In a business cycle, a contraction occurs when:
A. a period of economic growth reaches its highest...
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