Question: the answer A business cycle reflects changes in economic activity, particularly real GDP. The stages of a business cycle are: Oa) contraction, recession, expansion, boom

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A business cycle reflects changes in economic activity, particularly real GDP. The stages of a business cycle are: Oa) contraction, recession, expansion, boom O b) trough, expansion, recession, peak O c) expansion, trough, recession, peak O d) expansion, peak, recession, trough

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