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Question 51 - CTFA discussion

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The phase of the economic cycle when levels of employment and production are high and economy is growing, generally accompanied by high prices for goods and services is called:

A.
Growth
Answers
A.
Growth
B.
Expansion
Answers
B.
Expansion
C.
Depression
Answers
C.
Depression
D.
Recovery
Answers
D.
Recovery
Suggested answer: B
asked 16/09/2024
michiel van de belt
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