The duration of an expansion is measured from:
A. peak to peak.
B. peak to trough.
C. trough to trough.
D. trough to peak.
Answer: D
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A) marginal cost. B) average total cost. C) average fixed cost. D) average variable cost.
Usury laws are designed to ensure that interest rates in the market do not exceed acceptable norms
a. True b. False Indicate whether the statement is true or false
Explain two reasons why economic forecasting can only be of limited use
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